Shiba Inu can now be bought with credit cards on StealthEX, thanks to their partnership with Mercuryo, allowing purchases with 100+ fiat currencies.
Shiba Inu (SHIB) continues to make headlines in the crypto scene, with several recent developments enhancing its utility and accessibility. From new purchase options on platforms like StealthEX to acceptance by various businesses, SHIB is solidifying its presence in mainstream applications.
StealthEX Enables Card Purchases for Shiba Inu
The Shiba Inu community has reason to celebrate as SHIB can now be purchased using a credit card on StealthEX. This development is due to StealthEX’s collaboration with Mercuryo, which facilitates transactions up to €700 without requiring Know Your Customer (KYC) procedures.
Big day for #ShibArmy! You can now buy @Shibtoken with your card on StealthEX! 💳🎯
StealthEX partnering with @Mercuryo_io allows to make purchases up to €700 with no KYC 🌟
Use 100+ fiat currencies to get $SHIB and other 170 #crypto assets easily & instantly 🚀 pic.twitter.com/GGIpozWdKe
— StealthEX (@StealthEX_io) June 12, 2024
This feature allows users to instantly purchase SHIB and over 170 other cryptocurrencies using more than 100 fiat currencies. StealthEX also highlighted popular memecoins on their platform, including SHIB, BabyDogeCoin, PEPE, FLOKI, VitaInuCoin, and VoltInuOfficial. Moreover, StealthEX promoted their API for accepting crypto payments, focusing on fixed rate swaps to simplify transactions, especially for processing services.
Binance Reinstates Mastercard Payments for SHIB
This news comes a day after The Crypto Basic reported that Binance users can again use their Mastercard to purchase a variety of cryptos, including Shiba Inu (SHIB) and XRP. The update follows Mastercard’s decision to reinstate crypto purchases and deposits via its payment network on Binance, a service that had been paused since August 2023 due to regulatory concerns.
It is important to recall that Binance had faced several charges from U.S. regulators, including the SEC and CFTC, which led to the suspension.
Shiba Inu Growing Adoption
Meanwhile, these developments marked a growing trend of Shiba Inu adoption in mainstream applications. In May, U.S. dental firm Amoré Orthodontic Aligners announced they will accept SHIB as payment. Amoré Orthodontic Aligners allows patients to pay for braces, retainers, and other services with Shiba Inu.
Additionally, BlockDAG, a blockchain technology company, expanded its payment options to include SHIB among other digital assets like Bitcoin, XRP, and Cardano. They aim to improve accessibility and convenience for users purchasing BlockDAG’s native token, BDAG.