Shiba Inu, Dogecoin accepted for payment by food delivery company Uber Eats
Shiba Inu and Dogecoin holders can now pay for Uber Eats food delivery with their cryptocurrency bitpay,
Other cryptocurrencies supported by Bitpay include Bitcoin, Ethereum, Bitcoin Cash, Litecoin, XRP, Dai, Wrapped Bitcoin (WBTC), and stablecoins.
— bitpay (@bitpay) 1 July 2022
According to a blog post by Bitpay, since Uber Eats does not yet accept direct cryptocurrency payments, this method of payment is exclusive to Bitpay gift cards and Bitpay cards. Alternative payment methods include BitPay partner Menufi, which accepts payments from a cryptocurrency wallet for takeout or delivery from regional or national restaurant chains.
Food delivery companies such as DoorDash and GrubHub, as well as Grill, Chillies, Carrabba’s Italian Grill, Steak ‘n Shake and many other takeout restaurants, are accepting crypto through BitPay.
The acceptance of cryptocurrencies as a form of payment is currently on the rise. In recent weeks, U.Today reported that luxury watchmakers such as Tag Heuer, Hublot and Breitling are accepting cryptocurrencies through payment processor BitPay.
Last Chance Before Leaving Launchpad!
@bitpay x Panini Wallet https://t.co/3GcJnve9Gk Launching Next Week!
— Panini America (@PaniniAmerica) 1 July 2022
Apart from distribution of luxury goods and food, Panini America, a company specializing in sports collectibles, has announced the upcoming launch of its crypto wallet that will support cryptocurrencies like Shiba Inu, Bitcoin and others in conjunction with Bitpay. Panini America, a multi-national publisher of business cards, stickers, comics and children’s magazines, is based in the United States.
Dogecoin and Shiba Inu see increased network interactions
According to Sentiment, address activity for Dogecoin and Shiba has reached a seven-week high. The on-chain analytics firm wrote in a tweet on June 29: “Dogecoin and Shiba Inu, appear to be showing a significant increase in network activity. Notably, over the past 10 days, DOGE (+32%) and SHIB (+35%) has seen multiple returning network interactions.”
At the time of publication the Shiba Inu was traded at $0.000011, while Dogecoin was last seen at $0.06.