Shiba payment use cases

Shiba Inu, the decentralized meme token which has grown exponentially into a dynamic ecosystem has introduced yet another strategic use case. This time, Shiba Inu ($SHIB) token is now supported on the Colombian delivery app Rappi.

Founded in August 2020, Shiba Inu has grown steadily with its innovative reward system and over 585,000 community members. The token also boasts of being 100% decentralized. This means that it is completely operated by its community members.

$SHIB Use Cases

What can you do with your $SHIB token? Does the meme token Shiba Inu has real value? Can it be employed in the real world? All these are important questions you need to answer before investing in the Shiba Inu ecosystem. Some of these use cases include:

1. Rappi Adds Support For $SHIB

Interestingly, Colombian food delivery platform, Rapi, users can also now make payments with $SHIB. Notably, the delivery app also supports other cryptocurrencies aside from Shiba Inu tokens. Also, to facilitate the use of $SHIB tokens on its app, Rapi is now in partnership with both Bitso and Bitpay.

Moreover, Rapi will make it possible for users to make purchases across Latin America.

The platform also provides financial services in top Latin American countries like Brazil, Peru, Mexico, and Chile. Plans are also in place to launch digital banking services in Colombia this year.

2. BitPay | Shiba Inu Partnership

BitPay currently supports $SHIB tokens. This means that $SHIB is currently accepted by BitPay merchants worldwide. Several top organizations like The American Cancer Society, Newegg, Carolina Hurricanes, SlingTV, etc also currently accept $SHIB via BitPay.

These use cases are sure to create awareness and subsequently drive the adoption of the meme token.

3. Robinhood Adds Support For $SHIB

Crypto exchange, Robinhood, also recently added support for $SHIB. Therefore, making it possible to trade $SHIB tokens at no extra charge on Robinhood.

4. Shiba Inu and Shopping.io

Last year, the meme token platform also partnered with Shopping.io. Thanks to the partnership, users can spend $SHIB tokens on platforms like eBay, Walmart, and Amazon.

Apart from creating more use cases for its $SHIB tokens, Shiba Inu is also showing huge interest in the Metaverse ecosystem. The meme token has revealed plans to launch its own metaverse ecosystem dubbed Oshiverse. The platform also boasts important features like its DEX platform ShibaSwap, Shibarium, Shibanet, etc.

$SHIB Price Outlook

At the time of writing this article, $SHIB was trading at $0.00002569 with a market cap of $14 billion and a 24-hour trading volume of $779.4 million. The token price is also down by 1.4% in the last 24 hours.

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