The Swiss-based multinational company has accepted Shiba Inu as a payment

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This is according to an administrator of the Venezuelan Shiba Inu community, @ShibaXanders, who revealed that the Swiss-based Fidinam company, a worldwide conglomerate, is now collecting Shiba Inu payments.

In addition to Spain, Fidinam is apparently present in Germany, UK, US. Porsche Towson, Baltimore’s only Porsche dealership, has collaborated with cryptocurrency payment processor BitPay to accept digital assets, including the Shiba Inu, according to a recent release.

As of late 2021, the Shiba Inu currency was officially supported by BitPay, allowing SHIB to be used to make payments at hundreds of BitPay retailers. Businesses like SlingTV, the American Cancer Society and the Carolina Hurricanes and Twitch all take SHIB through BitPay right now.

On SimpleHold’s Bitcoin and Ethereum wallet, users may hold and exchange leash and bone, making it possible to own and trade the Shiba Inu trio.

This month’s Robinhood app listing of SHIB has resulted in a significant increase in interest in the company. SHIB has been among the top 10 most acquired currencies for the top 100 ETH whales for about a week now, retaining the position of the largest token by USD value.

There are 53,391,158,345,427 SHIB worth $1,357,748,940 held by the top ETH whales at the present. This equates to 15.14 percent of the company’s total assets.

CoinMarketCap data shows that Shiba Inu was trading at $0.0000255 at the time of publishing. In addition, SHIB is spreading to new markets. As originally reported SHIB deposit option and a USDT trading pair on the decentralised exchange Parex today, April 20.

Also Read: Russian tax authority suggests crypto for international trade payments

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