Ubersmith, a New York-based subscription management software company, now accepts Shiba Inu via BitPay support.
This simply means that users of the Ubersmith can now accept payments in Shiba Inu, as well as other cryptocurrencies that BitPay supports, such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), DogeCoin (DOGE), Litecoin (LTC), Wrapped Bitcoin (WBTC) and USD-pegged stablecoins (BUSD, DAI, GUSD, USDC, and USDP).
Those are in addition to other currencies used by Ubersmith customers all over the world. Support for BitPay is offered as an add-on to the hosted or self-hosted Ubersmith software suite, which offers billing along with taxes, discounts, and account credits.
With the inversion of the cryptocurrencies, we want to make provision for our users with this option in addition to the currencies we are supporting, said Kurt Daniel, CEO of Ubersmith.
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Ubersmith provides billing, infrastructure, and ticketing solutions to firms and its services are being used by over 100 companies on six continents. Ubersmith users reportedly include Digital Realty, Namecheap, Sitey, and WOW.
BitPay officially began supporting the Shiba Inu coin in late 2021, which allowed spending SHIB at hundreds of BitPay merchants where Shiba Inu is accepted. SlingTV, American Cancer Society, Newegg, Menufy, Carolina Hurricanes, and Twitch are among the major companies accepting SHIB via BitPay at the moment.
However, cryptocurrency adoption is on the increase. A current survey by the Gemini crypto exchanges stated strong crypto adoption momentum as almost 50%mof cryptocurrency owners joined the market in the previous year.
In a survey conducted in over 20 countries from North America, Latin America, and the Asia-Pacific region, nearly half of all current crypto owners in the United States (44%), Latin America (46%), and the Asia-Pacific (45%) first bought crypto in 2021.