One of the most popular crypto projects, the Shiba Inu (SHIB), is now being accepted as a payment by luxury watchmaker Breitling. This is made possible by a partnership between Breitling and BitPay, a crypto payment platform.
Other cryptocurrencies supported by BitPay besides Bitcoin and ShibaInu include Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Wrapped Bitcoin, and 5 other USD pegs table coins (BUSD, DAI, GUSD, USDC, USDP). there is. These cryptocurrencies can also be used to pay by customers of luxury watch brands.
Earlier, Swiss luxury watchmakers TAG Heuer and Hublot had declared that they would accept cryptocurrencies through BitPay.
Hublot, a Swiss luxury watchmaker, said in early June that customers could use cryptocurrencies to pay for 200 limited-edition watches that had just been manufactured. According to a tweet from Hublot, this payment method is only available to US eBoutique consumers.
Development of Shiba Inu
Shiba Inu has seen many adoption cases this year, even in the current market downturn. It has been proven many times to be one of the most popular crypto projects.
In addition, Shiba Inu is popular among Ethereum (ETH) whales. According to Whalestats, this is the most possessed token of the top 100 ETH whales.
However, on the contrary, Crypto.com announced on Twitter that the CryptoEarn rewards program will no longer support 15 coins. The 15 tokens include Shiba Inu and Dogecoin (DOGE).
In addition, SHIB’s Layer 2 protocol, Shibarium, is almost on the verge of release. Shibarium will be ready for a public testnet by the third quarter of this year, according to a blog post by Union, the development team behind the initiative.
In addition, Shiba Inu had a fairly successful week in the market. At the time of the press, SHIB was trading at $ 0.00001091, up 33.8% in the last 7 days. The project recently overtook DAI to reach 12th place on the list by market capitalization.