Adoption For Shiba Inu Increases As Gr4vy Adds Support For SHIB

Shiba Inu's BONE is Now Supported by Guarda Wallet

Shiba Inu (SHIB) and 14 other cryptocurrencies can now be accepted as payment by merchants from over 220 countries thanks to a strategic partnership between Gr4vy, a California-based cloud-native payment company, and BitPay, the world’s largest cryptocurrency payment processor company.

Gr4vy, the leading company for cloud-native payments orchestration, recently entered into a strategic partnership with BitPay, the world’s leading cryptocurrency payment processor, to allow its merchants to easily accept the world’s most popular canine-themed cryptocurrency SHIB along with 14 other major cryptocurrencies as payments through BitPay’s checkout offering.

The list of cryptocurrencies includes BT, ETH, DOG, SHIB, BCH, WBTC, LLTC, APE, EUROC, and 5 USD-pegged stablecoins GUSD, USDC, USDP, DAI, and BUSD. BitPay also supports XRP in certain countries.

In order to make it simple for its merchants to take SHIB, the most widely used cryptocurrency with a canine theme in the world, as well as 14 other major cryptocurrencies, BitPay recently engaged into a strategic relationship with Gr4vy, the industry leader in cloud-native payments orchestration.

In addition to the five USD-pegged stablecoins GUSD, USDC, USDP, DAI, and BUSD, the list of cryptocurrencies also includes BT, ETH, DOG, SHIB, BCH, WBTC, LLTC, APE, and EUROC. Also, XRP is supported by BitPay in some countries.

About  Gr4vy: California-Based Payment Company

Gr4vy, a payments startup that was founded in 2020, enables businesses to manage their payment options from any location. The business is headquartered in California, USA. 

The company’s user-friendly, state-of-the-art payment orchestration platform (POP) uses the cloud’s power to modernize payment infrastructure and provide merchants more control without the inconvenience or requirement of sizable payment teams.

The choice for partnership was made in response to the fact that consumers are increasingly becoming more and more interested in making purchases using digital currency. 

Gr4vy also noted a recent poll by the top provider of audit, consulting, tax, and advisory services, Deloitte, which was carried out in association with PayPal and found that almost 75% of retailers are prepared to take cryptocurrency payments within the next two years.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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