Binance and VirtuZone have announced a new partnership agreement. Through the partnership, Binance Pay technology can be used by Virtuzone. Virtuzone hopes that Binance Pay will make it easier for people in the UAE to use cryptocurrencies like Shiba Inu and blockchain technologies.
This partnership is good for more than just Binance and VirtuZone. It’s good for all of the cryptocurrencies in the Binance Pay program, such as SHIB, XRP, and AVAX. Here’s how the new partnership between Binance and VirtuZone will affect Shiba Inu.
How will Shiba Inu be Affected by Binance and VirtuZone’s Partnership?
Companies in the UAE that use the services of a new Binance partner will be able to accept these cryptocurrencies as a form of payment. This refers to SHIB.
On the Binance platform, Shiba Inu has grown. It became a currency that could be used with the Binance Card at the beginning of August.
Also, VirtuZone only works with legal entities that need complex business services, which could mean a lot of cash going in and out. In the UAE, Binance Pay is already being used by hotels and stores besides Virtuzone. This gives people who own SHIB tokens even more ways to spend them.
Shiba Inu is becoming more popular as a cryptocurrency in the UAE, and this new move by Binance will only help the token become even more popular and one of the most popular tokens in the country.