A California-based payment method company has announced that it has added support for SHIB and 13 altcoins. The news is quite significant for cryptocurrencies due to the firm’s global marketing strength.
Gr4vy opens Shiba Inu (SHIB) and these 13 altcoins to global adoption
Investors from 220 different countries of the world will now be able to trade with 14 cryptocurrencies. Gr4vy, a California-based payment method company, has teamed up with BitPay to provide this service. BitPay is a US-based cryptocurrency payment method provider. Gr4vy provides payment services in fiat currencies. Thanks to the partnership of the duo, 14 cryptocurrencies on BitPay’s list will now contact thousands of new users.
The list of cryptocurrencies includes BTC, ETH, DOG, SHIB, BCH, WBTC, LTC, APE, EUROC and 5 stablecoins GUSD, USDC, USDP, DAI and BUSD. BitPay also supports XRP in certain countries.
The collaboration came to meet the demands of Gr4vy users to use cryptocurrencies. Gr4vy also took note of a recent survey conducted by industry-leading auditing, advisory, tax and advisory services provider Deloitte in collaboration with PayPal, showing that around 75% of merchants are ready to accept cryptocurrency payments within the next two years.
Gr4vy, the payments startup founded in 2020, allows businesses to manage their payment options from anywhere. The business is headquartered in California, USA. The company’s user-friendly, state-of-the-art payment issuance platform (POP) leverages the power of cloud technology to modernize payment infrastructure and give investors greater control without the hassle or requirements of large payments teams.
Founded in 2011, BitPay develops technology for businesses and people to make blockchain-based transactions. Business solutions eliminate transaction fraud, among other services. It also reduces the cost of payment processing. It also allows for unlimited payments in cryptocurrency. BitPay offers consumers a digital management solution that includes BitPay Wallet and BitPay Prepaid Card. It allows businesses to convert their cryptocurrencies into dollars to spend. The company has offices in North America, Europe and South America and has raised more than $70 million in funding from leading investment firms such as the Founders Fund, Index Ventures, Virgin Group and Aquiline Technology Growth.
As you follow on Kriptokoin.com, Bitpay announced its partnership with another payment method system, CoinPayments, last week. BitPay’s partners are leading the global adoption of leading cryptocurrencies such as SHIB, BTC, ETH and DOGE.