Crypto News
2 years ago

Shiba Inu Accepted as Means of Payment by Swiss Consulting Firm

Dimitar Dzhondzhorov Apr 20, 2022 14:05
Switzerland's Fidinam and the Baltimore-based Porsche Towson allowed customers to employ Shiba Inu (SHIB) as a payment method.

The Switzerland-based multinational consultancy company – Fidinam – embraced the popular memecoin Shiba Inu as a payment method. In accordance with the news, Baltimore’s only exclusive Porsche center – Porsche Towson – partnered with BitPay to accept several cryptocurrencies as means of payment, with SHIB being one of them.

  • The so-called Dogecoin-killer continues to make the headlines in the cryptocurrency universe. As disclosed by the admin of the Shiba Inu Venezuela community – @ShibaXanders – the Swiss consultancy firm Fidinam now allows settlements in SHIB. Despite being headquartered in Switzerland, the organization stretches its operations to a wide range of countries, including the USA, the UK, Germany, Austria, and more.
  • Fidinam is among the leaders in its field. Founded in 1960, it has offices in Europe, Asia, Africa, and Australia, while its team consists of 250 professionals.

  • On another note, the premier Porsche dealer serving in Baltimore, US – Porsche Towson – inked a deal with the cryptocurrency service provider BitPay to embrace numerous digital assets as payment methods.

  • Among those were the memecoins Shiba Inu and Dogecoin, as well as the leading digital asset by market capitalization – Bitcoin.
  • Despite the bullish news, SHIB’s price failed to spike significantly as on previous occasions.
  • Last week, the American financial services company – Robinhood – listed the memecoin on its platform, which led to a 35% increase in the token’s USD valuation.
  • At one point, it reached an April high at $0.00003 but retraced in the following days and now sits at $0.000025.
Share This Article
Dimitar Dzhondzhorov

Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market. His biggest passion in the field is Bitcoin and he was fascinated with its journey. With a flair for producing high-quality content, he started covering the cryptocurrency space in late 2018. His hobby is football.