FCFPay, a payment gateway established in Canada, proposes to support Shiba Inu (SHIB) burn by inserting a “SHIB Burn Mechanism” into their payment gateway.
The decision was made when one of the Shib Army’s members launched a campaign called “Let’s Get FCF Pay to Add SHIB Burn Option.” In a tweet announcing a campaign, he tagged all Shiba Inu Community’s official Growth breed members and FCFPay.
The campaign went viral on Twitter among the SHIB community, and FCFPay eventually responded to the Shib Army’s message in less than 24 hours.
FCFPay announced that the “SHIB Burning Mechanism” will be included in their payment gateway. According to the release, the Canadian payment gateway is searching for the Sihb development team to contact them so that the SHIB Burning Mechanism can become live on their platform as soon as possible.
The FCF Revenue Sharing Token has an automated buyback and burns mechanism; however, FCFPAY does not. As a result, 1/3 of every transaction fee is burned in FCFPAY’s automated buyback and burn system, while 1/3 is issued as BNB dividends.
FCFPAY said they might introduce a Shiba Inu burn option if there is enough demand.
FCFPay previously enabled Shiba Inu functionality on April 13, allowing merchants worldwide to take SHIB for their services.
FCF Pay gives bitcoin users the ability to buy products and services via the world’s first completely encrypted cryptocurrency payment gateway.
FCFPay now accepts ten major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), and Litecoin (LTC), Dogecoin (DOGE), Tether (USDT), and Stellar Lumens (XLM) (XLM).