$SHIB: Next-Gen Blockchain-Powered Travel Platform Adds Support for Shiba Inu Payments
XcelTrip, a “next-gem, decentralized, travel booking platform” that is powered by blockchain technology, has added support for payments in the meme-inspired cryptocurrency Shiba Inu ($SHIB) to its platform.
According to an announcement, XcelTrip’s customers can now use Shiba Inu to pay for airline and hotel bookings. The platform offers users access to over 2.3 million hotels and over 450 airlines spread throughout over 70 countries, per data on its website.
XcelTrip reportedly has over 650,000 registered users taking advantage of cryptocurrencies to travel through its system. The platform already accepts numerous other cryptoassets including Bitcoin ($BTC), Ethereum ($ETH), Binance Coin ($BNB), Bitcoin Cash ($BCH), as well as XcelDefi ($XLD) and XcelToken.
Earlier this month, a collaboration between major global restaurant software and payments solution provider Lavu and Fintech payments firm Verifone is set to allow thousands of restaurants in 65 countries to accept several cryptos as a payment method, including Shiba Inu.
As CryptoGlobe reported, late last year Shiba Inu was added as a payment method at the Binance-backed travel booking platform Travala. The platform offers over 2.2 million properties covering over 90,000 destinations in 230 countries and territories.
Shiba Inu’s growing adoption comes at a time in which Shiba Inu’s lead developer, Shytoshi Kusama, has suggested there is an upcoming announcement that will “floor everyone.”
Kusama has in the past suggested the deal would “break the internet,” noting many are unaware it’s happening right in front of them. The first clue related to the announcement appeared to be the hiring of an entertainment industry veteran to work on SHIB’s metaverse.
Notably, the SHIB community has revealed through a series of polls it supports token burns over its Metaverse as part of the project’s long-term strategy, presumably believing a reduction in the currency’s circulating supply is more beneficial than its Metaverse.
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The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
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