Shiba Inu Adoption Soars: New Partnership Enables SHIB Payments in 25 Countries

Apcopay and CoinPayments Join Forces

On February 22, CoinPayments, a leading cryptocurrency payment gateway, announced its partnership with Apcopay, an end-to-end global payment platform. This integration allows Apcopay clients to use CoinPayments to make financial transactions with a wide range of cryptocurrencies, including Shiba Inu (SHIB).

SHIB Payments Go Global

Through this partnership, Apcopay users can now access SHIB payments, exposing the cryptocurrency to over 1,200 merchants across 25 countries. This move significantly expands the global adoption of SHIB and makes it more accessible to users worldwide.

SHIB Adoption on the Rise

SHIB payments have been gaining popularity, with over 10 companies, including Binance, accepting it as a global payment method. The cryptocurrency boasts a strong community of enthusiasts who actively buy, store, and use SHIB for regular transactions.

New Users Drive Adoption

Data from IntoTheBlock reveals a significant increase in new SHIB users in 2024. On February 17, the adoption rate reached 39.27%, indicating that almost half of active SHIB addresses were new to the network. This surge in new users highlights the growing demand for the cryptocurrency.

SHIB Price and Future Prospects

At the time of writing, SHIB is trading at $0.0000094, showing a slight decline over the past 24 hours and the past week. Despite this, the cryptocurrency continues to develop new projects within its ecosystem, aiming to increase global adoption and drive its value upwards.