Shiba Inu ($SHIB), which is potentially the world’s most popular meme-inspired cryptocurrency, and $XRP, an extremely popular cryptocurrency improving cross-border payments , can now be used as payment methods at over 60 million merchants worldwide.
According to a recent announcement published by leading cryptocurrency trading platform Binance, both cryptocurrencies are, along with Ethereum Virtual Machine-compatible Avalanche ($AVAX), being added as payment methods to its popular Binance Card.
Binance’s announcement notes that the Binance Card is only available for users living in the European Economic Area (EEA) and Ukrainian refugees residing in a country belonging to the EEA. The move means Binance Card now supports 14 cryptocurrencies including Bitcoin ($BTC), BNB ($BNB), $BUSD, Polkadot ($DOT),FC Porto Fan Token ($PORTO), $USDT, and Cardano ($ADA).
The addition of the meme-inspired cryptocurrency and of AVAX and XRP does not mean there will be changes to users’ current Payment Priority preferences, it adds. The Binance Card, according to the announcement, is “issued by the licensed entity UAB “Finansinės paslaugos „Contis” and distributed by Swipe.”
As CryptoGlobe reported, a popular cryptocurrency trader has pointed out that BNB has been steadily outperforming the flagship cryptocurrency Bitcoin over the last few weeks as it’s continuing a price discovery phase during the bear market.
SHIB has over time kept on seeing its holder count grow even during the ongoing bear market, to the point now over 1.2 million Ethereum addresses hold SHIB, up from around one million eight months ago.
Meanwhile, Barcelona-headquartered blockchain startup Peersyst has made an important announcement about the first National Land Registry system built on the open-source public XRP Ledger (XRPL). Colombia’s National Land Registry on XRPL went live this month.
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