Shiba Inu is one of the top meme coins in the crypto space at the moment. In addition, the ‘dogecoin killer’ has a large community known as the SHIBArmy, who can now use their Shiba asset as a means of payment for goods and services.
The meme coin was built on the Ethereum blockchain in 2020 and has experienced mixed fortunes in price value. Furthermore, its unpredictable nature is influenced by Tesla’s boss, Elon Musk, making it one of the top digital coins to look out for in the future.
Shiba Inu coin holders can now spend their tokens in the commodity market within the United States through crypto payment platforms.
Crypto Payment Platforms
Flexa is one of the cryptocurrency payment platforms that accept Shiba Inu tokens. In addition, the platform supports most crypto coins like Bitcoin, Ethereum, Dogecoin and Litecoin. In 2021, Flexa caught the attention of Shiba Inu holders when they announced that the currency would be part of the accepted cryptocurrencies on their transaction platform, meaning that the United States-based individuals can spend their SHIB in over 40,000 stores.
The Flexa app called SPEDN can be used to pay directly with crypto on all smart devices, and it is free to download and use.
BitPay, another crypto payment platform, has been operating since 2011. Shiba Inu is the last coin to be added to their list of cryptocurrencies that can be used to make payments.
Ten Places Where Shiba Inu is Accepted as a Means of Exchange.
Gamestop received a petition from Payden Browning, a Change.org user, to accept Shiba Inu as a means of exchange. He believed that the Gamestop could show more prominent companies how to accept crypto as a means of payment.
Furthermore, 61,936 supporters signed the petition, which led to Flexa creating a partnership with Gamestop to help process customers’ transactions in Shiba Inu.
Whole Foods allow their customers to pay for their groceries with Shiba Inu tokens using the SPEDN app on their mobile devices.
Flexa announced a partnership with Nordstrom in 2021, stating that buyers can now use the SPEDN smartphone app to pay for their items in Shiba Inu coins.
For customers interested in office supplies and paying in crypto, with the Flexa app, you can pay with Shiba Inu coins. In December, the popular stationery and office supplies giant began accepting Shiba Inu payments.
With crypto, customers can redecorate and renovate their homes and offices. In addition, Lowe’s allows you to pay for home maintenance supplies and services using the Flexa app that facilitates Shiba Inu payments.
Petco also joined the list of stores that supports Shiba Inu payments in 2021. In addition, Flexa’s SPEDN app allows buyers to buy supplies for their pets.
Barnes and Noble
The book store is one of the latest places where Shiba Inu can be used as a means of payment after the brand announced that people can now use the SPEDN app to shop and pay.
Bed Bath And Beyond
Another big player in the home decoration and beauty industry also joined hands with other Shiba Inu supporters. As a result, you can now pay for your home goods with Shiba Inu.
Ultra Beauty is one of the biggest beauty brands with lots of products and a large customer base. So it is no surprise that they have started accepting Shiba Inu for goods and services using the SPEDN app.
Movie lovers can now watch their favourite movies using Shiba Inu coins. Furthermore, AMC already allows viewers to pay in Bitcoin and Etherium, and with the SPEDN app, you can pay for movie tickets.
What It Means for the Future Economy
Lots of consumers are slowly shifting to online marketing. Moreover, with the growth of cryptocurrency, more sectors will be looking to increase their market base by making transactions fast and easy through payment apps that support both local currencies and crypto.