Shiba Inu (SHIB) has gained access to a potential user base of over 44 million through an integration with Japan’s Rakuten Wallet. The development will allow users to purchase SHIB using Rakuten loyalty points or cash and spend it at millions of merchants, marking a significant step toward real-world utility. Despite this strong adoption narrative, SHIB’s price has remained relatively steady, showing only minor declines in the short term.
The upcoming listing on Rakuten Wallet will enable users to trade Shiba Inu (SHIB) through yen transactions, providing the token access to a network with more than 44 million active users. According to the announcement, users will be able to buy SHIB using Rakuten Points or Rakuten Cash, which can be spent at over one million stores.
This integration moves SHIB beyond a speculative asset into a potential payment method within Japan’s massive loyalty economy. The process goes beyond simple exposure. The process establishes actual usage of the system, as framed by the community account Shibizens.
However, community member Kuro reported the planned April 15 launch has been postponed, with a new date to be announced. Crypto rollouts frequently experience delays which create challenges for testing public sentiment.
Price action shows a cautious market, with SHIB trading at $0.000005907 at the time of reporting. The asset declined 0.02% over 24 hours and 2.42% over the past week, holding above its daily moving average of $0.00000584.
