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Shiba Inu Gets Another Big Listing That Could Rocket Price
PayPal users in the US can now buy Shiba Inu through MoonPay, expanding adoption and possibly raising prices.
PayPal and MoonPay Offer Shiba Inu Access
PayPal's strategic cooperation with MoonPay allows US consumers to access cryptocurrency assets like Shiba Inu. MoonPay announced on X (previously Twitter) that PayPal now offers US fiat-to-crypto transactions.
MoonPay's inclusion with PayPal is a milestone in US cryptocurrency democratization. MoonPay will let PayPal users buy 110 cryptocurrencies, including Shiba Inu, a dog-themed cryptocurrency.
Through the agreement, millions of users in all 50 US states will be exposed to Shiba Inu tokens, advancing the cryptocurrency's mainstream adoption. This might boost cryptocurrency prices by attracting new investors from around the nation.
After the collaboration announcement, Shiba Inu prices rose significantly. CoinMarketCap reported a 7.72% increase in the coin from $0.000022 to $0.000024 in 24 hours.
MoonPay has shown how new PayPal customers can easily access its huge coin library and transact online.
Bitcoin trades at $63.866. TradingView chart
The crypto payment platform said PayPal users can finance their crypto accounts via direct bank withdrawal, PayPal balance, and debit card.
MoonPay co-founder and CEO Ivan Soto-Wright welcomed the milestone agreement to promote bitcoin adoption in familiar ecosystems.
He said MoonPay's integration into PayPal shows the crypto platform's dedication to trusted networks for cryptocurrency access.
MoonPay Will Change PayPal Crypto Access
Shiba Inu and MoonPay will give US PayPal customers access to prominent cryptocurrencies like Solana (SOL), Ethereum (ETH), Dogecoin (DOGE), Bitcoin (BTC), and others. The crypto service platform also announced that US customers will not be able to access Pepe (PEPE), Cosmos (ATOM), Toncoin (TON), Binance Coin (BNB), and others.
MoonPay will give PayPal flexible payment ways, a wide range of cryptocurrencies
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