Gemini-Backed Flexa Adds Shiba Inu (SHIB) as a Payment Method
12 Dec, 2021•1 min read•Ethereum
Flexa Network has announced Friday that it will support Shiba Inu’s native cryptocurrency – the SHIB token. As such, users will be able to pay with SHIB at what the company claims to be a network of over 40,000 merchants.Flexa is a payments network that partnered with Gemini – one of the leading US-based cryptocurrency exchanges back in 2019.Now, the company announced that it would support SHIB – the native cryptocurrency of the Shiba Inu ecosystem.
This means that SHIB owners will be able to pay at merchants such as GameStop, Lowe’s, and Petco using their tokens.The announcement also came a few days after Kraken added support for the cryptocurrency.At the time of this writing, SHIB is trading at $0.00003449, up 0.6% on the day but down over 60% from its all-time high from two months ago.Source
Let’s get a head start on the weekend… SHIB is here! Now you can use Shibatoken for fast and fraud-proof payments anywhere Flexa is accepted – including more than 40,000 stores across the US. – Reads the tweet.