Shiba Inu adoption has received a significant boost as popular crypto ATM provider Bitcoin of America has added the token to its US-wide ATMs.
Huge adoption for Shiba Inu
There had been speculations in the past week that the ATM service provider was going to list Shiba on its machines in the US. This was after it had posted a tweet that something BIG was coming to their Bitcoin ATMs on Monday.
Following the announcement, several SHIB community members had been seen sharing images and videos of BTM’s where SHIB support could be seen. BTM eventually let the cat out of the bag with an announcement on April 4, 2022.
A significant milestone for Shiba Inu
The news of the listing has unsurprisingly gained attention with over 1500 likes and retweets since its announcement. It is expected that the listing will increase the adoption of SHIB as holders will be able to withdraw their tokens for fiat and transfer their tokens via the machines.
Bitcoin of America (BTM) is a digital currency exchange that is registered in the US and facilitates crypto to fiat transactions. It enables clients to buy crypto with cash by installing ATMs in different locations across the US.
Currently, BTM has more than 1,500 ATMs across 31 states and supports five coins including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Dogecoin (DOGE) and the latest entrant Shiba Inu (SHIB).
This news follows reports that Shiba Inu will be added as means of payment in the first food park being built in Venezuela.