440 merchants in France have formed a new partnership that enables customers to utilize various cryptocurrencies, including Shiba Inu (SHIB), Bitcoin (BTC), Ethereum (ETH), and others supported by Binance Pay, as a means of payment.
This significant development has been made possible through the collaboration between Binance Pay and Lyzi, which aims to elevate crypto payments to a higher level within Europe. By leveraging the Lyzi App and its extensive network of merchants, users of Binance Pay can now conveniently engage in crypto transactions for their everyday purchases.
Binance and Lyzi have joined hands to introduce an enhanced version of their cryptocurrency payment solution, which offers cashback rewards for each transaction. Lyzi, a cryptocurrency-centric app, aims to promote the adoption of digital assets by integrating merchants across various sectors.
These merchants span from everyday establishments like bakeries and supermarkets to specialized businesses such as car dealerships and jewelry stores. Currently, over 440 merchants in France are utilizing the Lyzi solution, and an additional 330 merchants across Europe are in the process of onboarding. This expansion encompasses a diverse range of businesses, including bakeries, pharmacies, beauty salons, car dealers, fast-food restaurants, and more.
The recently formed partnership strives to broaden the utilization of cryptocurrency payments, which is considered one of the earliest and most prominent applications of digital currencies. Through this collaboration, users of Binance Pay, including Shiba Inu holders and other crypto enthusiasts, will have the opportunity to employ this payment solution at every store within the network of merchants facilitated by the Lyzi App.
This partnership opens up new opportunities and locations across Europe for Binance users to utilize their cryptocurrencies for making purchases. In addition to Shiba Inu and Bitcoin, Binance Pay, a cryptocurrency payment technology provided by Binance, supports a wide range of other cryptocurrencies. Some of the supported cryptocurrencies include ADA, ATOM, AVA, BCH, BNB, BTC, DOGE, DOT, EGLD, EOS, ETC, ETH, FTM, HBAR, IOTX, LINK, LTC, MANA, MATIC, TRX, TUSD, UNI, USDC, USDT, VAI, VET, XLM, XMR, XRP, XTZ, XVS, ZEC, ZIL, and many more. This expanded selection of supported cryptocurrencies enhances the flexibility and options available to Binance users for their payment needs.
Shiba Inu (SHIB) Price Poised for Soaring Heights
Shiba Inu (SHIB) is showing signs of revitalization after a recent decline, causing anticipation to build within the crypto community. There is a strong possibility that this dog-themed cryptocurrency could experience a rapid surge to significant levels in the near future.
The recent catalyst behind SHIB’s resurgence is its foray into the Metaverse. On June 6, the Shiba Inu Metaverse division announced the upcoming release of the highly anticipated Rocket Pond trailer. This unveiling is expected to captivate viewers by offering a glimpse into the immersive journey within the Metaverse, which plays a vital role in Shiba’s virtual universe.
The Dawn Of The SHIB Metaverse: Rocket Pond:
Ever since the initial sketch of Rocket Pond was revealed in September 2022, the SHIB community has been filled with excitement and anticipation. The recent release of the colored design further heightened users’ anticipation as it provided a preview of the impressive visual capabilities of the Metaverse, setting the stage for an upcoming reveal.
Rocket Pond is characterized as a serene mountain getaway that combines the essence of traditional camping experiences, reminiscent of places like YMCA or KOA, with contemporary attractions.
Rocket Pond To Soar SHIB’s Value:
The highly anticipated trailer provides a glimpse into the captivating narrative and design of Rocket Pond, a central hub within the Metaverse. This immersive experience is the result of drawing inspiration from stunning locations like Cape Canaveral, the Monument to the Conquerors of Space, Lake Tahoe, Glenwood Caverns Adventure Park, and Heavenly Village. Rocket Pond stands out as a unique offering within the SHIB Metaverse, seamlessly blending nature with modern luxuries.
Significantly, as the community continues to be enthralled by this aspect of the SHIB Metaverse, it holds the potential to enhance the value and recognition of SHIB. The successful launch and widespread adoption of Rocket Pond have the power to reignite interest and attract new investments to the Shiba Inu ecosystem.
The increased attention surrounding SHIB has the potential to create a surge in demand, resulting in upward pressure on its price. This is particularly significant given the combination of factors, including SHIB’s resurgence and the growing popularity of Metaverses. The impact of Rocket Pond within the SHIB ecosystem has the potential to propel Shiba Inu (SHIB) to new heights.
However, it is worth noting that SHIB has experienced a decline in the past seven days, with a decrease of 5.5%. Interestingly, despite the unveiling of the Rocket Pond trailer, the meme-inspired cryptocurrency has continued to show a downward trend in the past 24 hours, with a decrease of 1.9% and a current market price of $0.00000792.