Shiba Inu has gained entry into one of the oldest Swiss business travel entities, thanks to a partnership between Kuoni and digital payment services provider BitPay. This would now facilitate Kuoni customers to pay for services using cryptocurrencies.
Apart from SHIB and DOGE, other cryptocurrencies that are currently available for payment through BitPay are Bitcoin [BTC] Ethereum [ETH], Bitcoin Cash [BCH], Litecoin [LTC], and Wrapped Bitcoin [WBTC].
Speaking on the latest collaboration, the CEO of the tour operator said that by adopting crypto as a means of payment, Kuoni is positioning itself as a leading player among its competitors.
Founded in 1906 by the entrepreneur Alfred Kuoni in Zurich, Kuoni Business Travel has carved a niche in the field of business trips for men and women alike for more than a century, growing to be the biggest travel company in Switzerland.
In 2014, the travel agency was selected as one of the Sunday Times’ 100 Best Companies to Work For in the mid-sized category, while a new website for the company was launched that year.
Coming back to Shiba Inu, the world’s second most popular meme coin has been accepted by a major Dutch VIP travel firm, this year.
Shiba Inu Adoption Spikes
Netherlands-based Taylor Travel Management Group has extended support to include SHIB, as well as DOGE, Bitcoin, Ethereum, Bitcoin Cash, and several popular USD-backed stablecoins via BitPay.
The company has more than loyal 1,200 customers and has worked in over 100 cities.BitPay officially added support for Shiba Inu in December last year.
That being said, the recent crisis has failed to dampen the Swiss blockchain industry as a whole.
“It’s just one of the characteristics of the crypto markets that we have these crashes. This was no big surprise,” said Andy Flury, founder of the trading technology firm AlgoTrader, based in Zurich.
In fact, the Switzerland blockchain industry has expanded to more than 1,000 firms supporting 6,000 jobs.
As per a report, “The self-styled ‘Crypto Nation’ has yet to see job cuts on the level of the US-based Coinbase exchange, crypto lending firms Celcius, Voyager Digital, and Blockfi, or the Singapore-based digital asset lending outfit Vault.”