A significant online marketplace for cosmetics and grooming items, YesStyle, has just partnered with Binance Pay, the payment infrastructure division of the top cryptocurrency exchange. Over 300 cosmetics companies on the site may now take payments in any of the cryptocurrencies supported by Binance Pay, including the hugely popular Shiba Inu token (SHIB), thanks to this incredible cooperation.
SHIB, one of the most popular cryptocurrencies available, has drawn a lot of interest as a result of its acceptance as a reliable payment mechanism across different industries. Prior partnerships with Binance Pay made it possible for SHIB to be accepted by travel agencies, rental companies, and even Burger King in Paris, where it was used to pay for power banks.
SHIB’s acceptance as a payment mechanism has been further boosted by the most recent agreement with YesStyle. Customers now have the convenience of making purchases from a wide range of cosmetics businesses using their SHIB tokens, one of the several cryptocurrencies that Binance Pay supports.
More adoption
Binance Pay is not the only platform assisting Shiba Inu in getting more attention. SHIB’s spread across multiple industries has been aided by the active adoption of SHIB as a payment mechanism by other platforms and services including Alchemy Pay, NOWPayments, and BitPay.
While SHIB is given the most attention in this collaboration, it’s crucial to remember that Binance Pay accepts almost 70 other cryptocurrencies, including well-known ones like Bitcoin, Ethereum, Cardano, XRP, and others.
As demand for digital assets grows, more companies and consumers are learning about the advantages of utilising cryptocurrencies in regular transactions.
