Popular altcoins Shiba Inu (SHIB) and blockchain company Ripple have recently announced that they have entered into various partnerships. Ripple has signed a strategic partnership with Modulr, the UK’s leading payment solutions provider, while SHIB announced that it will be collaborating with Welly’s, an Italian fast-food restaurant. cryptocoin.com We are giving the details as…
Ripple partners with fintech giant
Ripple is partnering with fintech giant Modulr to bring seamless payments to the UK and EU. In addition to announcing its partnership with Ripple, Modulr also announced that Trust Payments, a global payments business, will be the first payments provider to begin taking advantage of the partnership. It will now expand its services and offer new payment tools to its customers. The Ripple and Modulr partnership will help companies like Trust Payments develop their cross-border payment systems through the RippleNet DLT platform.
Modulr provides a payments as a service platform to businesses operating in the UK and Europe. Its customers include large companies such as SWIFT, SEPA, Bacs CHAPS. The company also connects directly with the Bank of England, helping its customers pay there. While commenting on the new partnership, RippleNet head Sendi Young mentioned that Modulr has a solid payments infrastructure in the UK and is open for expansion.
Shiba Inu (SHIB) becomes mascot at Welly’s
Shiba Inu developer Shytoshi Kusama announced in a new blog post that it has partnered with an Italian fast-food restaurant called Welly’s. Welly’s has made a rebrand by making the Shiba Inu its new mascot and adopting a new slogan that refers to Ryoshi, the anonymous creator of the meme coin. He also adjusted the menu and marketing strategy.
The cryptocurrency SHIB will be used as a means of payment in the store. SHIB’s rival meme coin Dogecoin will also be another possible option. Kusama claims the restaurant is known for “extremely fine dining.” The developers also came up with the idea to implement Blockchain-based food tracking with the help of Shibarium, an as-yet-unreleased layer-2 solution.
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