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Home Crypto News Market California 'Cardinale Automotive Group' Now Accepts Shiba Inu (SHIB) As Payment

California ‘Cardinale Automotive Group’ Now Accepts Shiba Inu (SHIB) As Payment

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California Business “The Cardinale Automotive Group” Now Accepts Shiba Inu (SHIB) as a Payment via BitPay.



The Cardinale Automotive Group, one of the California businesses headquartered in Marina that deals in quality automobiles added support for Shiba Inu (SHIB). Marina is a city in Monterey County, California, United States.

The Cardinale Automotive Group will now accept Shiba Inu as payment through BitPay, in all of its 22 car dealership stores located in the following three US states California, Arizona, and Nevada.

The decision comes after the car dealership company realized that the financial world is transforming fast. Now, people use to exchange electronic money more compared to cash. So, the acceptance of cryptocurrency at this moment is a need of the hour. With this decision, the company also hopes to attract new businesses to them.

John Guru, Corporate General Manager and Director of Digital Assets said:

“Our automotive group is very forward-thinking on their belief that cryptocurrency is the future and a hedge against inflation. We realize that almost all transactions are done electronically now. Rarely is anything done with cash and we strongly believe in digital assets.”

John Guru also confirmed that they will take the help of BitPay, in order to make the acceptance of cryptocurrency possible in their business. He said:

“BitPay manages the entire process turning the customer’s crypto into dollars deposited into our bank account the next business day.”

BitPay is a company that gives businesses access to a $1+ trillion crypto market by providing them with powerful, enterprise-grade tools for crypto acceptance and spending. The company currently accepts a total of 13 cryptocurrencies which account for 70% of the global crypto, including 5 USD-pegged stablecoins.

The list includes Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Litecoin (LTC), Dai (DAI), Wrapped Bitcoin (WBTC), Gemini Dollar (GUSD), Pax Dollar (USDP), Binance USD (BUSD), and Ripple (XRP).

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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

ZABIH
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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