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Cryptocurrency News Articles
Shiba Inu (SHIB) Can Now Be Used to Pay for Food Delivery Orders
Jun 15, 2024 at 05:44 am
It is now possible to use Shiba Inu (SHIB), the second largest meme coin in the cryptocurrency market, to complete the payment process
The article discusses the possibility of using Shiba Inu (SHIB) to pay for a Web3 meal delivery service. According to Devour, the food order was placed through DevourGO. Devour later announced the successful transaction on its X handle.
However, the article does not provide any information on whether this type of transaction has been completed before for meal delivery. It does mention that DevourGO states the transaction could be historic, as it might be the first time SHIB was used to pay for a food delivery order.
The article also highlights that this marks the first time a food delivery order was paid for with $SHIB.
Additionally, DevourGO’s integration with Coinbase Commerce allows it to accept SHIB. The article concludes by stating that the dog-themed token is evidently becoming more popular, even though it is unclear if the transaction qualifies as the prime SHIB-paid meal delivery.
Most importantly, tokenized food bills will become easier for Shiba Inu holders.
A recent partnership between Devour and Coinbase Commerce has introduced a seamless cryptocurrency payment option for the DevourGO app, which boasts millions of users. Through this collaboration, restaurant food bills can now be settled swiftly and effortlessly by wallet account holders using the Coinbase platform.
According to Devour CEO Shelly Rupel, the partnership with Coinbase is a win-win situation for both parties involved, as crypto users now enjoy the convenience they seek, while restaurants gain a new avenue to reach a growing and tech-savvy customer base.
Shiba Inu's expanding utility
It's also worth noting that SHIB has achieved another victory among altcoins: its application in real-world commerce is becoming more widely accepted.
This is likely to drive up demand for the token, which could lead to an increase in its value. As evidenced by data from CoinMarketCap, SHIB is currently trading at $0.00002153, up 0.32%, and recent positive fundamentals may be contributing to its recovery.
The broader crypto community viewed this event as a significant step towards the future acceptability of other meme coins, not just for SHIB but for the entire ecosystem.
Photo: Microsoft Bing
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