Shiba Inu has launched SHIB Pay, a new crypto payments service aiming to revolutionize transactions by enabling direct wallet-to-merchant payments without intermediaries or permissions.
SHIB Pay operates on-chain, providing users with self-custodial control over their funds, aligning with the decentralized finance vision of Web3.
The launch comes at a time when traditional payment systems like SWIFT are facing challenges, offering a more agile and cost-effective alternative for global transactions.
Shiba Inu's SHIB ecosystem, including the Shibarium layer-2 network, has garnered significant community support and transaction volume, indicating a growing interest in its potential beyond being just a meme coin.