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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.

Binance announcement of $SHIB on Binance card

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. 

The information provided on DecentReviews does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Do not treat any of the websites content as such. DecentReviews does not recommend that any cryptocurrency or blockchain asset should be bought, sold, or held by you. Conduct your own due diligence and consult your financial advisor before making any investment decisions.

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