New Partnership Allows Shiba Inu (SHIB) and Bitcoin (BTC) to be Accepted at Over 5,000 Outlets in Italy

April

10

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Binance, a leading cryptocurrency exchange, has announced a new collaboration with Mr. Pay, a fintech platform that provides payment solutions and financial transactions. As a result of this partnership, Shiba Inu (SHIB), Bitcoin (BTC), and other cryptocurrencies supported by Binance Gift Card will now be accepted at 5,000 points of sale (PoS) in major Italian cities.

Users of the Binance Gift Card will now have the ability to revolutionize the way they spend their cryptocurrency in Italy. With this partnership, they can easily convert fiat to crypto and send or receive crypto, thanks to Mr. Pay’s presence at 5,000 points of sale across the country.

The Binance Gift Card supports over 270 cryptocurrencies, including Bitcoin and Shiba Inu, as well as many fiat currencies. It offers a customizable way for users to send and receive cryptocurrency at zero fees for both Binance and non-Binance users. This development is a positive step towards the broader adoption of cryptocurrencies.

Binance has been making strides in increasing the acceptance of cryptocurrencies in mainstream businesses. Last week, the exchange revealed that the Georgia-based Radisson hotel now accepts crypto payments for reservations, including Shiba Inu, Bitcoin, and other cryptocurrencies supported by Binance Pay. This was possible through a partnership between Binance and CityPay, a Georgia-based payment service provider.

In another exciting development, Ralph Lauren’s new Miami store now accepts crypto payments via BitPay, a cryptocurrency payment processor that supports cryptocurrencies such as Bitcoin, Shiba Inu, Polygon, and others.

As cryptocurrency adoption continues to grow, more businesses are starting to accept crypto payments. These developments demonstrate that cryptocurrencies are becoming increasingly mainstream and that their use as a payment method is becoming more widespread.

In conclusion, Binance’s collaboration with Mr. Pay in Italy is a significant step towards the broader adoption of cryptocurrencies. With the acceptance of Shiba Inu, Bitcoin, and other cryptocurrencies supported by Binance Gift Card at 5,000 points of sale in major Italian cities, users will have more options for spending their cryptocurrency.

Shiba Inu Experiences Significant Increase in Burn Rate by Millions of Percentage Points

The Shibburn website has reported a significant surge in the burn rate of Shiba Inu, reaching millions of percentage points with a total of 5,530,755. The community has made massive burn transactions, resulting in the substantial increase in the burn rate in the past 24 hours. Three transactions in the last 24 hours have led to a staggering 1,106,171,150 SHIB tokens burning. Moreover, 1,178,830,489 SHIB tokens were burned in 26 transactions during the previous seven days.

At the time of writing, SHIB’s value has decreased by 1.32% in the last 24 hours, trading at $0.00001048.

About the author, Awais Rasheed

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