- Shiba Inu (SHIB), the crypto industry’s second-largest meme coin, is now accepted for payment by a Web3 food delivery service.
- Devour announced on its X handle that a food order was successfully paid for using SHIB via DevourGO.
- “Was this the first food delivery order paid for with $SHIB?” DevourGO asked, highlighting the historic nature of the transaction.
Explore how Shiba Inu (SHIB) is making groundbreaking strides in real-world utility with this historic food delivery transaction.
Historic Food Delivery Payment with Shiba Inu
According to DevourGO, this transaction marks a significant moment as it could potentially be the first instance of a food delivery payment being made using Shiba Inu. The company announced, “Was this the first food delivery order paid for with $SHIB? DevourGO now accepts $SHIB with our Coinbase Commerce integration. We made the first purchase, who is next?”
Significance of the Transaction
While it remains debatable if this was indeed the first such transaction with SHIB, it undeniably symbolizes the advancing acceptance of this meme coin. Most notably, it enables Shiba Inu holders to pay for their meals with their digital assets conveniently.
The partnership between Devour and Coinbase Commerce has streamlined the crypto payment process for millions of DevourGO app users. This alliance allows users to settle their food orders either directly or through the Coinbase platform. CEO Shelly Rupel expressed that this collaboration benefits both users, who gain more convenience, and restaurants, which can engage with a growing customer base that is technologically adept.
Expanding Utility of Shiba Inu
Shiba Inu has achieved another milestone among altcoins, with its acceptance in everyday transactions becoming more widespread.
Implications for SHIB’s Market Value
This practical use case could spur demand for SHIB, potentially boosting its market value. According to CoinMarketCap, SHIB recently traded at $0.00002153, representing a 0.32% increase and indicating that positive market sentiment may be buoying its performance. The event is celebrated not only as a breakthrough for SHIB but for the entire crypto ecosystem, suggesting increased acceptance of meme coins in the near future.
Conclusion
This pioneering use of Shiba Inu in real-world payments reflects the growing mainstream acceptance and could be a bellwether for further adoption of meme coins. Future implications suggest a more diverse and inclusive crypto economy, integrating digital assets into everyday transactions seamlessly.
