Cryptocurrency

5.5 Million Customers Use Shiba Inu (SHIB) to Make Purchases at 81 Million Retailers Globally

August 1, 2023, marked the third anniversary of Shiba Inu. In the spirit of celebration, users and other partners of the second-largest meme crypto project took to various social platforms, particularly Twitter, to congratulate Shiba Inu on its new feat.

Among the congratulatory messages lauding Shiba Inu’s achievements, Wirex’s tweet seemed to grab more headlines than usual, revealing a compelling discovery about SHIB payments.

Read Also: Top Analyst Spots Shiba Inu (SHIB) Bullish Reversal As Community Anticipates Shibarium Launch

For context, Wirex is a digital payment platform renowned for priding itself as the banking alternative for Web3. 

Wirex Makes An Incredible Disclosure About SHIB Payments

Congratulating Shiba Inu on its third anniversary, the multipurpose payment app disclosed that since 2022, after sealing a partnership with the meme crypto platform, it has continually enabled the firm’s 5.5M users to buy, exchange, and spend at over 81 million retailers globally.

The Shiba Inu team acknowledged the post from Wirex and urged users to patronize the service.

Wirex tweeted, “Happy birthday @Shibtoken Fun fact: #SHIB joined our platform in 2022, and since then the #ShibArmy and 5.5M Wirexers have been able to buy, exchange and spend $SHIB at over 81 million retailers worldwide!”

In addition, the video captioned by Wirex revealed that the SHIB users on the payment platform are getting rewarded instantly for patronizing the platform.

It should be noted that Wirex supports more than 250 crypto assets, and users are eligible to earn about 8% in rewards for every Wirex ATM card transaction involving SHIB or other crypto assets.

Read Also: Shiba Inu Team Announces Shibarium Hackathon with $5,000 Grand Prize. Here’s How to Qualify

SHIB Adoption Appears To Grow With Each Passing Day

Over the past few months, there has been a rise in the adoption of Shiba Inu (SHIB). Most significant is the strategic partnership between BitPay and Sardine in July. 

The sealed collaboration between Sardine and BitPay aims to enable instant settlements and card payments for SHIB in over 180 countries, enabling daily transactions with better authorizations and low transfer charges of up to $3,000 for BitPay users.


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Chinedu Agbakwusi

Chinedu Agbakwusi is a medical student at the prestigious Nnamdi Azikiwe University with sound knowledge of the crypto space. I am here to be a reliable plug for well-researched crypto content ranging from crypto news to market analyses and blockchain inventions.

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