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Shiba Inu Payments Now in 9 Latin American Countries with This New Product from Binance

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Binance unveils a product allowing users to send Shiba Inu to Argentinian and Colombian bank accounts.

In particular, Binance has proclaimed a new product dubbed “Send Cash.” 

Paying with Shiba Inu from Latin America

According to the official statement , Send Cash will enable crypto enthusiasts to transfer digital assets like Shiba Inu through the Binance Pay platform from nine countries in Latin America. 

Binance disclosed that the objective behind the initiative is to enable individuals to seamlessly send digital funds directly to the bank accounts of their friends and family. The report highlighted the nine Latin American countries for which this Send Cash service is applicable. 

They are Binance customers in Honduras, Argentina, Guatemala, Colombia, Costa Rica, Paraguay, Mexico, Panama, and the Dominican Republic.

Meanwhile, the report noted that at this initial stage, users in the above-highlighted nine countries can credit the bank accounts of recipients in Argentina and Colombia through the Binance Pay service. The exchange also stated that the process will attract the lowest transaction fees.

cross-border transactions

Binance VP Reacts

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