Shiba Inu Scores Partnership with NOWPayments as SHIB Burns Soar
• NOWPayments has recently announced a partnership with Shiba Inu’s (SHIB) Shibarium Tech.
• Over the last month of March, 6.78 billion SHIB tokens were burned with 540 transactions.
• The developers recently announced the launch of ShibariumEVM testnet aka PuppyNet which has received a strong response.
NOWPayments Joins Forces With Shibarium
NOWPayments has recently announced a partnership with Shiba Inu’s (SHIB) Shibarium Tech to boost crypto adoption and build on the upcoming Shiba Inu Layer-2 platform. With this move, NOWPayments seeks to bring more users to the Layer-2 network Shibarium and provide them access to a secure payment gateway that supports various cryptocurrencies.
Impressive SHIB Burns
In the last month of March, an impressive amount of 6.78 billion SHIB tokens were burned with 540 transactions. This shows how popular this cryptocurrency is becoming as its transaction numbers are rising rapidly due to its burning mechanism which reduces its supply in circulation and increases its value in turn.
Shibarium Testnet Launch
The developers have also recently launched their testnet for the Layer-2 scalability platform called PuppyNet which has been well received by users so far. This will help in providing more stability and flexibility when it comes to making payments on the platform using different sorts of cryptocurrencies like SHIB token itself.
Positive Development For Shiba Ecosystem
The recent partnership between NOWPayments and Shiba Inu is seen as a positive development for SHIB ecosystem as it will allow users to make use of secure payment gateways that support multiple cryptos including SHIB token itself. Furthermore, it will also help increase adoption for the upcoming virtual world The Metaverse that is being developed by Shiba Inu team itself.
Conclusion
In conclusion, it can be said that this new collaboration between NOWPayments and Shibarium is highly beneficial for both parties involved as they seek to promote adoption levels for their respective platforms while providing secure payment gateways for all kinds of cryptos including SHIB token itself. This will help make crypto payments much easier and faster than ever before while increasing its usage as well as value over time due to its burning mechanism reducing circulating supply in turn increasing its worth further down the line!