Popular cutting-edge web3 food ordering and delivery marketplace DevourGO now accepts Shiba Inu (SHIB) as a payment method.
The company revealed this in a recent X post yesterday, noting that it will support SHIB payments through an integration with Coinbase Commerce. To further illustrate its support for Shiba Inu, DevourGO said it paid for a web3 food delivery with SHIB, asking:
“Was this the first food delivery order paid for with SHIB?”
Woof! Did someone say "treats"?! Was this the first food delivery order paid for with $SHIB?
DevourGO now accepts $SHIB with our Coinbase Commerce integration. We made the first purchase, who is next?
Visit https://t.co/eG8i0nYHDb to fire up the app & chow down! #ShibainuCoin… pic.twitter.com/SUKvGXwvjm
— Devour (@GoDevour) June 13, 2024
Although it is unclear whether DevourGO’s payment marks the inaugural use of SHIB for food delivery orders, the development ignited excitement within the Shiba Inu community.
DevourGO Integrates with Coinbase Commerce
This development follows DevourGO’s integration with Coinbase Commerce, which allows users to pay for food delivery through their Coinbase accounts.
DevourGO shared a four-step guide on how customers can pay for food delivery with crypto via their Coinbase accounts. The steps include placing the food order on DevourGO, selecting ‘Pay with Coinbase’ at checkout, authorizing the transaction via the Coinbase account or wallet, and waiting for confirmation.
🎉 DevourGO Now Accepts Payments via @Coinbase Commerce 🎉
You can enjoy food delivery and easily pay with your Coinbase account.
⬇️ How it Works: pic.twitter.com/X7FBWXvkl8
— Devour (@GoDevour) June 13, 2024
Commenting on the significance of the integration, DevourGO CEO Shelly Rupel said the move allows crypto users to enjoy food deliveries.
Shiba Inu Enjoys Growing Acceptance
Meanwhile, the development also underscores the growing acceptance of Shiba Inu as a payment method, which is pioneered by top crypto payment processing firms like BitPay, Binance, and Coinbase.
Shiba Inu’s acceptance as a payment method has helped transition the token from a memecoin into a utility asset. The growing adoption of Shiba Inu could potentially drive SHIB’s demand and value in the long term.
In the meantime, the price of Shiba Inu did not react positively to news of DevourGO’s acceptance of SHIB. The dog-themed token remains plagued with the bloodbath across the broader crypto market. Currently, SHIB is trading at $0.00002157, with daily and weekly losses amounting to 0.78% and 14.76%, respectively.
Besides Shiba Inu, other crypto assets, including Solana (SOL) and XRP (XRP), have recently witnessed massive price declines.
Nonetheless, Shiba Inu enthusiasts have remained confident in a potential recovery, especially as the token continues to receive support from prominent entities.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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