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A popular Dad Shop of Australia has revealed new plans to adopt two dogs for 2023. These aren’t the kind that bark and hang out car windows however. Instead, the ‘gifts for him’ store is adopting two cryptocurrencies, DogeCoin ($SHIB) and Shiba Inu ($SHIB).
The news broke recently on Crypto Coins Opps, just as the Santa Clause rally seemed to fall off the roof. Nonetheless, it's still great news to help combat the FUD and fallout since the FTX scandal.
Companies are still bullish on cryptocurrency, even in Australia.
The crytpo adoption stems from the company's entire executive team noticing a growing trend with eateries in Brisbane, Perth, and Melbourne. After research, the emerging Trillion dollar industry peaked their team’s interests enough to create a meeting with founders which ended with a majority decision.
“We're always looking to improve on our customers' shopping experience and a part of this is to allow customers a wide selection of payment options from credit card, buy now pay later and now crypto,” said the company marketing director on payment expansion.
When asked what setbacks are delaying the adoption, the director said it's simply about making sure everything’s secure.
Benjamin mentioned , “ In addition to this we'd like to minimize fraudulent or potential fraudulent purchases.”
DOGE, SHIB, and Bitcoin are the choice coins of the shop to begin with. The executive office likes the stability and massive community support the three tokens have. Ethereum may be added to that list, depending on the results of it being labeled a ‘security.’
Though DogeCoin and Shiba Inu are meme tokens, change is
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