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Over 200 Merchants to Accept Shiba Inu Payments

Binance has partnered with Lithuania-based fintech company CoinGate to allow Binance Pay users to make payments across CoinGate-powered merchants using Shiba Inu (SHIB) and other Binance Pay-supported cryptocurrencies. Binance Pay currently supports over 70 cryptocurrencies, including Bitcoin, Binance Coin, Cardano, Ethereum, Dogecoin, and Polygon. This partnership is part of Binance's commitment to drive the mainstream adoption of crypto payments through its Binance Pay solution, which allows users to pay for goods and services across supported merchants using cryptocurrencies. Since SHIB was added to Binance Pay's list of supported crypto assets in November 2022, several merchants have collaborated with Binance to accept SHIB payments, including UAE-based shopping mall and retail conglomerate Majid Al Futtaim, Ukrainian top food chain retailer Varus, and Romania's biggest ticketing platform Entertix. With over 200 merchants integrating its payment solution into their online stores, CoinGate supports SHIB alongside more than 70 other cryptocurrencies.

(By LELE JIMA)

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