$SHIB: Next-Gen Blockchain-Powered Travel Platform Adds Support for Shiba Inu Payments

XcelTrip, a “next-generation decentralized travel booking platform” powered by blockchain technology, has added support for payments in the Shiba Inu meme-inspired cryptocurrency ($SHIB) to its platform.

According to an announcement, XcelTrip customers can now use Shiba Inu to pay for airline and hotel reservations. The platform offers users access to more than 2.3 million hotels and more than 450 airlines in more than 70 countries, according to data from its website.

XcelTrip is said to have over 650,000 registered users taking advantage of cryptocurrencies to browse its system. The platform already accepts many other crypto-assets including Bitcoin ($BTC), Ethereum ($ETH), Binance Coin ($BNB), Bitcoin Cash ($BCH), as well as XcelDefi ($XLD) and XcelToken.

Earlier this month, a collaboration between leading global restaurant software and payment solution provider Lavu and fintech payment company Verifone is expected to enable thousands of restaurants in 65 countries to accept multiple cryptos as payment methods. , including Shiba Inu.

As CryptoGlobe reported, late last year Shiba Inu was added as a payment method on Binance-backed travel booking platform Travala. The platform offers more than 2.2 million properties covering more than 90,000 destinations in 230 countries and territories.

The growing adoption of Shiba Inu comes at a time when lead Shiba Inu developer Shytoshi Kusama has suggested there’s an announcement coming that will “get everyone floored”.

Kusama has in the past suggested the deal would “break the internet”, noting that many don’t know it’s happening right in front of them. The first clue related to the announcement seemed to be the hiring of an entertainment industry veteran to work on the SHIB metaverse.

Notably, the SHIB community has revealed through a series of polls that it supports token burns on its metaverse as part of the project’s long-term strategy, presumably believing that a reduction in the circulating supply of the currency is more beneficial than its metaverse.

To ensure you receive a FREE weekly newsletter featuring highlights from our most popular stories, Click here.


To ensure you receive a FREE weekly newsletter featuring highlights from our most popular stories, Click here.


The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing in or trading crypto-assets involves the risk of financial loss.

Image credit

Image selected via Pixabay

Next Senmiao Technology Announces Business Cooperation with Online Travel Platform Fliggy, a Subsidiary of Alibaba