On Thursday, September 26, Shiba Inu’s head of marketing, Lucie, shared critical information about the SHI stablecoin on the X platform. This development created a huge excitement in the community, pushing the SHIB price over 13%! 🚀 The SHI stablecoin increases the stability of the Shibarium blockchain, taking the usability of the ecosystem to a new level.

Why Is SHI Stablecoin Important?

According to Lucie, the SHI stablecoin is “one of the most important developments in the Shib ecosystem.” Although it has not yet been launched, it is sure to create a major change in the Shibarium network, which aims to speed up Shiba Inu transactions and increase scalability. 🌐

The mysterious creator of the Shiba Inu, Ryoshi, announced the SHI stablecoin in 2021. Since then, SHI has been in development as a decentralized and trusted currency for Shibarium. The price stability mechanism is still in development, but it was initially pegged at $0.01.

How Will SHI Benefit the Shiba Inu Ecosystem?

Lucie stated that SHI will make a big improvement with the addition to the Shibarium ecosystem. In order to preserve the value of SHI, the community is focusing on collateral solutions. In addition, Shiba Inu’s prominent names Shytoshi Kusama and Kaal Dhairya are at the forefront of this development. Each stage of the project will be rigorously tested and lessons learned from other stablecoins are aimed at a secure and sustainable structure.

SHI’s Contributions to the Ecosystem

Lucie listed the advantages that the SHI stablecoin will bring to the Shiba Inu ecosystem: SHI will allow users to make more stable and secure transactions. It offers a great opportunity, especially for users who are wary of the volatile nature of cryptocurrencies. When the development of SHI was announced, the SHIB price quickly increased by 12.43% to $0.00001712! 🔥

Don't miss these developments, witness the revolutions in the SHIB ecosystem!

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