Shiba Inu could get a big price boost thanks to PayPal integration
The dog meme-based cryptocurrency Shiba Inu (SHIB) could see a big boost in price thanks to its integration into the PayPal (NASDAQ:PYPL) payment system.
On May 2, the financial technology company MoonPay announced the start of cooperation with PayPal, thanks to which users of the service will be able to buy Shiba Inu, bitcoins, Ethereum (ETH), Solana (SOL) and dozens of other digital assets for fiat currency. In addition, through a partnership with MoonPay, PayPal customers will soon have the opportunity to sell digital assets. The new services are currently only available to US residents, but in the future they will be available to citizens of the UK and the European Union.
PayPal has more than 426 million active users, so adding Shiba Inu and other coins to the payment system could significantly increase the volume of cryptocurrency trading and increase their popularity. Demand for SHIB decreased sharply after the March pump, in connection with this the revival of tor
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