The trial of the Binance Card pre-paid card in Argentina has been warmly welcomed by the Shiba Army for being a supporter of the Shiba Inu (SHIB) token.
The trial has been carried out since the end of last August, which focuses on usage in daily purchase transactions.
The presence of the pre-paid card is a further step from Binance to significantly advance global crypto adoption.
Shiba Inu Supported by Binance
Based on reports Watchers NewsBinance has added the Shiba Inu (SHIB) token to the list of tokens supported by the pre-paid card.
In terms of adoption, of course this is another big step for SHIB, because it can reach a wider audience like other big adoptions with Flexa.
With the arrival of Shiba Inu on Binance Card, SHIB will be usable in more than 90 million merchant globally, as well as providing benefits in the form of cashback 8 percent and free ATM fees for its users.
The reason behind Argentina’s selection for the trial is likely because the home country of world footballer Messi has a positive view of crypto assets.
In Argentina, crypto has been considered as safe haven because it has been hit by inflation and a great economic crisis.
Currency fiat Their native peso continues to erode in value, so residents of the tango country prefer to save in other currencies such as the US dollar and Bitcoin.
The New York Times reports that about a third of Argentina’s population trades crypto at least once a month. In percentage terms, that’s much more than the US population.
Shibarium Launch News
In addition to the good development of adoption, the Shiba Inu ecosystem also has the latest news from blockchain layers-2 (L2) Shibarium.
Long awaited, finally launch news for testing beta from Shibarium attended, which was said to be scheduled to take place at the end of this quarter, or later.
Watchers News reported, the blockchain solutions company developing Shibarium, Unification, said that the network is in testing alpha fourth and successful public test nets.
Product lead at Unification, Maziar Sadri, says the team is on the way to testing beta to bring the L2 network which will reduce costs and increase transaction speed.
“Besides ensuring the launch mainnet safe and efficient, beta public will also provide much greater opportunities for open testing and improvement bugssaid Sadri. [st]