SHIB and Other Cryptocurrencies Now Accepted for Payment at Dubai-Based Cafe

Shiba Inu

This contemporary cafe’s open-source payment platform allows customers to pay for their purchases in cryptocurrencies

Bake N More, a Dubai-based cafe, is the latest company in the city to accept Shiba Inu and other cryptocurrencies as payment through Mixin Network. This contemporary cafe’s open-source payment platform allows customers to pay for purchases with Bitcoin, Ethereum, Tether, Shiba Inu, and Dogecoin.

SlingTV, American Cancer Society, Newegg, Menufy, Carolina Hurricanes and Twitch are among the major companies accepting SHIB via BitPay at the moment. BitPay officially began supporting the Shiba Inu coin in late 2021, which allowed spending SHIB at hundreds of BitPay merchants where Shiba Inu is accepted.

As previously covered by U.Today, Shiba Inu and other BitPay-supported cryptocurrencies are also accepted by Vancouver-based meatmeCA as payments.

Meme cryptocurrency Shiba Inu emerged victorious from a recent tournament organized by leading cryptocurrency payments processor BitPay. “BitPpay Brackets” was organized to find out which cryptocurrency was “about to explode.”

The contest featured four rounds with a total of 16 coins, such as Binance Coin, Cardano, Solana, Polkadot, Dogecoin, and other altcoins, which were split into brackets. The cryptocurrency community had to choose their favorite cryptocurrency from a particular pair during each phase of the tournament by voting using a specific form. In the first three rounds, Shiba Inu managed to get the upper hand over Terra, Solana and then Cardano.

Shiba Inu might also be set to roll out some major projects in the coming days. In recent updates shared by Shiba Inu developer Shytoshi Kusama, SHIB: The Metaverse lands might become available ”really soon.” Shibarium, Shiba Inu’s Layer 2 solution, has been under development for quite some time. However, one of the developers, @kaaldhairya, stated that the Layer 2 solution is moving to the next phase of development.

Shibarium, the layer 2 on which SHIB: The Metaverse will be developed, is said to be in Alpha stage and may soon enter Beta stage. According to @shibainuart, “The SHIB Burn portal is entering the final stages, as well as it will have reward earning capabilities. ”

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