Mainstream adoption of the popular memecoin Shiba Inu (SHIB) continues to grow rapidly. BitPay, the world leader in blockchain payment technology, recently announced that they have partnered with Porsche Towson. Here are the details of the partnership in question…
SHIB signed a partnership with Porsche
The adoption of Shiba Inu (SHIB), the rival of Dogecoin, continues to increase day by day. BitPay recently announced that it will be partnering with Porsche Towson. The partnership will enable the Premier Towson Porsche Dealer to accept payment from Shiba Inu, the meme-themed cryptocurrency, for vehicle purchases. The tweet that BitPay announced this news is as follows:
The partnership for the reuse of Altcoin as a payment, from now Porsche Towson on Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (WBTC), Litecoin (LTC), It means it can accept Shiba Inu (SHIB) along with Dogecoin (DOGE). According to the statement, the world-famous company also accepts 5 different stablecoins, GUSD, USDC, USDP, DAI and BUSD, as payment methods for vehicle purchases.
Porsche continues its crypto adoption
World-renowned car brand Porsche, a German automaker specializing in high-performance sports cars, SUVs and sedans headquartered in Stuttgart, Baden-Württemberg, Germany known. Porsche Towson serves residents of Towson, Yorktown, Cockeysville and Baltimore for all things Porsche in the Baltimore area. The company’s announcement that Shiba Inu (SHIB) can be used as a payment method is thought to have an impact on the price of the altcoin.
The company offers a variety of new Porsche models that can be checked in person, rented or purchased immediately. In addition to the new Porsche models, Porsche Towson also offers a selection of used cars for sale. As Kriptokoin.com previously reported, on April 14, 2022, BitPay enabled Taylor Travel Management Group, a leading agency specializing in VIP Travel, to accept cryptocurrencies in exchange for all their services.
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