Shiba Inu Introduces Fiat On-ramp for BONE and USDC

The Shiba Inu (SHIB) project just launched a fiat on-ramp service enabling the purchase of BONE and USDC with Visa or MasterCard.

This development enhances access for users who want to explore the decentralized economy. It allows transactions through familiar payment methods like Visa and MasterCard. It further eliminates the complications of navigating difficult exchanges or bridging tokens, making $BONE and $USDC more accessible to users which, in turn, enhances the utility and value of the tokens.

This efficient approach promotes increased adoption of the Shib ecosystem and aids in the advancement of innovative applications and services on Shibarium, the project’s layer 2 scaling solution.

The key feature of this on-ramp service is the streamlined method for purchasing BONE and USDC directly on the Shibarium chain using a Visa or MasterCard. In addition, as it is designed with beginners in mind, the process eliminates the need for a centralized exchange (CEX) account or any prior Web3 knowledge, making it accessible for first-time cryptocurrency buyers.

With the rollout of this fiat on-ramp, the Shiba Inu team anticipates increased accessibility of the Shib ecosystem, promoting wallet creation and token acquisition to new users and fostering connections with existing users.

The latest developments within Shibarium represent a significant step in its expansion. The Shib Daily recently reported that Shiba Eternity will soon debut on the platform to set the stage for blockchain gaming within the Shiba Inu community. K9 Finance will be holding a hackathon event at ETH Toronto, designed to bring developers to Shibarium. Bad Idea AI, the official AI partner of Shiba Inu, has recently been integrated, introducing AI capabilities into the blockchain environment.

Such progress is poised to drive Shibarium forward, particularly by further increasing accessibility, creating numerous opportunities, and safeguarding users.

Malaya has positions in SHIB, ETH, USDT, MATIC, etc. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.