Shiba Inu Gains Ground in Japan as Rakuten Wallet Opens Payment Integration

Shiba Inu expands in Japan as Rakuten Wallet adds SHIB trading and payments, reaching 44M users despite listing delay.

Shiba Inu Gains Ground in Japan as Rakuten Wallet Opens Payment Integration

Shiba Inu is moving closer to everyday use in Japan through a major platform expansion. The development links the token to a large consumer ecosystem with millions of active users. It signals a shift from speculative trading toward real-world payments. However, a delay in rollout introduces short-term uncertainty.

Rakuten Wallet Expands SHIB Access to Millions

Rakuten Wallet announced it will list Shiba Inu alongside XRP and XLM. The platform will support SHIB trading against the Japanese yen. It will also enable SHIB as a payment method across its ecosystem.

The company stated that users can buy SHIB using Rakuten Points. They can also convert Rakuten Cash into SHIB for spending. This feature connects the token to over five million merchant locations in Japan.

Rakuten Pay, the firm’s commerce platform, serves about 44 million users. This integration exposes SHIB to a broad audience unfamiliar with crypto. Shibizens, a Shiba Inu-focused X account, reported that the move goes beyond a standard listing. It described the integration as a direct entry into daily payments.

Meanwhile, a community member known as Kuro shared an update on timing. Kuro reported that the listing, scheduled for April 15, was postponed. Rakuten Wallet will announce a new launch date on its official website.

The integration also links SHIB to one of Japan’s largest loyalty systems. Reports indicate that over $23 billion worth of Rakuten Points are in circulation. Users will now be able to earn and spend SHIB through this system.

Price Movement Reflects Anticipation and Resistance Levels

Shiba Inu’s price reacted ahead of the expected listing. The token reached $0.000006 on April 14. At the time of writing, SHIB was trading at $0.0000005834, down 0.02% over the last 24 hours. It also recorded a 2.42% decline on the weekly chart. Despite this, the token trades above its daily moving average of 50 at $0.00000584.

Analysts noted that the $0.000006 to $0.0000062 range forms a short-term resistance zone. Price action near this level indicates limited upward momentum. Still, holding above the moving average suggests underlying support remains intact.

The Rakuten integration positions Shiba Inu within a real-world payments framework. It combines trading access with practical usage across Japan. While the delayed rollout slows immediate impact, the broader adoption narrative remains active.