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Shiba Inu (SHIB) is set to enter Japan’s retail payments market through Rakuten Wallet’s planned platform expansion, with the company confirming it will list the token and connect it to its payment network. The rollout has been delayed, and Rakuten said it will confirm a new launch date.
Rakuten Wallet announced it will list Shiba Inu alongside XRP and XLM, enabling SHIB trading against the Japanese yen. The company also plans to integrate SHIB into Rakuten’s payment infrastructure.
Rakuten said users will be able to purchase SHIB using Rakuten Points and Rakuten Cash. The feature is designed to link the token to more than five million merchant locations nationwide, allowing SHIB to be used within Rakuten Pay’s retail system.
Rakuten Pay currently has about 44 million registered users in Japan, meaning the listing could expose SHIB to a large consumer base. A Shiba Inu-focused X account described the move as “a direct entry into daily payments.”
Rakuten Wallet confirmed it will list XRP and XLM with SHIB and intends to support trading pairs denominated in Japanese yen. However, the company postponed the initial April 15 launch date.
A community member, Kuro, said Rakuten Wallet will publish the revised schedule on its official website, and users will need to wait for confirmation before trading begins.
Ahead of the planned listing, Shiba Inu reached $0.000006 on April 14. At press time, SHIB traded at $0.0000005834, down 0.02% over 24 hours, and it recorded a 2.42% weekly decline.
Despite the short-term dip, SHIB is trading above its 50-day moving average of $0.00000584. Analysts identified the $0.000006 to $0.0000062 range as immediate resistance, noting that price action near this zone suggests limited upward momentum.
Rakuten Wallet said it will announce the new listing date soon. Until then, SHIB remains available on other exchanges while awaiting activation on Rakuten’s platform, with further updates expected through the company’s official channels.
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