Shiba Inu (SHIB) token is accepted as a payment option by “40&20Ccs,” a new business in Venezuela.
Xhib Sanders, a dedicated member of the SHIB Growth Breed, recently tweeted that a new burger business called “40&20Ccs” is now accepting Shiba Inu tokens as payment.
This company is supposed to specialize in Subway-style sandwiches and to offer delivery and pickup services to consumers in Caracas, Venezuela’s capital. They also have a sizable social following on Instagram.
In addition to the Shiba Inu token, “40&20Ccs” accepts two stable coins, Tether (USDT) and Binance USD (BUSD), as payment for their services.
Venezuela has been attempting to combat hyperinflation with the cryptocurrency revolution since 2017, after the official Venezuelan currency, the Bolivar, lost virtually all of its value in less than ten years.
Venezuelan President Nicolas Maduro declared the launch of the state-backed Digital Petro in a televised address on 3 December 2017, which is supposed to be backed by the country’s oil and mineral reserves and is intended to supplement Venezuela’s plummeting hard bolvar currency as a means of circumventing US sanctions and accessing international financing for the first time in history.
SHIB, on the other hand, has been named a crypto adoption rock star. Moreover, Turkey’s Economy Minister met with Shib Army members yesterday to explore SHIB adoption in his nation, as Turkey’s Lira is likewise depreciating against the US dollar.
SHIB Growth Breed is also important in SHIB’s mass acceptance. They are always inviting new companies to accept Shiba Inu as a payment method. The Shiba Inu Community is also eager to assist and donate SHIB Tokens to Ukraine.
Welly’s, an Italian burger restaurant, recently took Shiba Inu adoption to a whole new level. The Naples-based sandwich shop, which opened last year, not only accepted SHIB as a payment option, but also rebranded its entire operation to include Shiba Inu-related notions.