Shiba Inu, $AVAX, and $XRP Can Now Be Used at Over 60 Million Businesses

Shiba Inu ($SHIB), probably the most popular meme-inspired cryptocurrency in the world, and XRP ($XRP), the most popular cryptocurrency for facilitating cross-border payments, are currently accepted at over 60 million shops.

According to a recent release issued by the top cryptocurrency trading site Binance, both cryptocurrencies and the Ethereum Virtual Machine-compatible Avalanche ($AVAX) are being introduced as payment options for the Binance Card.

The Binance Card is exclusively accessible to European Economic Area (EEA) residents and Ukrainian refugees residing in an EEA nation, according to Binance’s release. With this update, Binance Card may be used to purchase Bitcoin ($BTC), Binance Coin ($BNB), Bitcoin US Dollars ($BUSD), Polkadot tokens ($DOT), FC Porto Fan Token ($PORTO), USDT, and Cardano ($ADA), for a total of 14 cryptocurrencies.

It adds that the arrival of the meme-inspired cryptocurrency, AVAX, and XRP will not affect the Payment Priority settings of existing users. The Binance Card is “issued by the licenced firm UAB “Finansins paslaugos „Contis” and distributed by Swipe, according to the statement.

As reported by CryptoGlobe, a prominent cryptocurrency trader said that BNB has consistently beat Bitcoin over the last several weeks as it continues its price discovery phase during the weak market.

Over the last eight months, the number of Ethereum addresses holding SHIB has increased from over one million to over 1.2 million, despite the prolonged lousy market. This month, the National Land Registry of Colombia went online on XRPL.

Also Read: Vitalik Buterin Said That He Donated To Ukraine Using Tornado Cash

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.

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