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{"id":947,"date":"2023-08-09T10:00:39","date_gmt":"2023-08-09T10:00:39","guid":{"rendered":"https:\/\/lunu.io\/news\/?p=947"},"modified":"2024-03-13T07:02:35","modified_gmt":"2024-03-13T07:02:35","slug":"shiba-inus-10-jump-how-bitpay-is-revolutionizing-crypto-payments","status":"publish","type":"post","link":"https:\/\/lunu.io\/news\/shiba-inus-10-jump-how-bitpay-is-revolutionizing-crypto-payments\/","title":{"rendered":"Shiba Inu’s 10% Jump: How BitPay is Revolutionizing Crypto Payments"},"content":{"rendered":"\n
Shiba Inu, a popular meme cryptocurrency, has witnessed a significant 10% surge in its price over the past 24 hours. But what’s behind this sudden upswing? On August 8, BitPay, a renowned crypto payment gateway<\/a>, announced the launch of its new service, “Bill Pay.” This innovative feature empowers users to settle everyday bills directly from their crypto wallets, bypassing the need for traditional banking systems. With Bill Pay, users can now access over 5,000 service providers, covering a wide range of payments from car installments to credit card bills. Initially, this service will be accessible in 19 states, including notable ones like Florida and New Jersey.<\/p>\n\n\n\n Delving deeper into the context, BitPay’s introduction of Bill Pay is more than just a new feature\u2014it’s a vision. Stephen Pair, the CEO of BitPay, highlighted this move as a “monumental” stride towards aiding unbanked communities. By eliminating the involvement of banks and other financial institutions, BitPay is not only simplifying the payment process but also opening doors for those without traditional banking access. Furthermore, the company’s recent partnership with Sardine has enabled Shiba Inu card payments in over 180 countries, allowing holders to expend up to $3,000 worth of SHIB daily.<\/p>\n\n\n\nBitPay’s Vision for the Unbanked<\/h2>\n\n\n\n