More than 60M merchants worldwide will now accept $SHIB, $AVAX, and $XRP tokens
More than 60M worldwide merchants are ready to accept payments made through popular cryptocurrencies such as Shiba Inu ($SHIB) and $XRP. While the former can be considered the most successful meme-inspired crypto token, $XRP has gained immense popularity through making cross-border payments easier.
According to a recent announcement made by Binance, one of the biggest crypto exchange platforms in the world, both these cryptocurrencies have been added as payment methods to the “Binance Card.’
Along with $SHIB and $XRP, another crypto that enjoyed this privilege is Avalanche ($AVAX), which is compatible with the Ethereum Virtual Machine.
The Binance Card is available only for users who are residing in the European Economic Area (EEA) and Ukrainian refugees, as Ukraine is being deemed a part of the EEA.
Around 14 cryptocurrencies are operational on the Binance Card at the time of writing. These tokens include:
The inclusion of these three new cryptocurrencies does not change anything to the existing payment preferences.
Even as the bear market continues, both $BNB and $SHIB have seen continued gains.
While $BNB is believed to be exploring a phase of price discovery while outperforming $BTC, $SHIB on the other hand, has witnessed a surge in the numbers of $SHIB holders rising from one million to 1.2M within a span of eight months.
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