Cryptocurrency developers Shiba Inu plan to launch their own stablecoin

Shiba Inu’s chief developer, Shitoshi Kusama, has announced the SHIB ecosystem’s plans to launch its own stablecoin SHI and TREAT token, the latter to be used in meta-universes.

According to Shitoshi Kusama, the SHI stablecoin is planned to be released this year. Also, according to Shitoshi, the developers have already presented a version of SHI, which, in their opinion, has all the capabilities to «avoid the problems that have befallen some ecosystems» (apparently, the developer hinted at the recent collapse of the Terra UST stablecoin).

#Shibarium. #Shi. #Treat. #Shib #Metaverse. How we work together to weather the incoming storm & more in my new Medium. #SHIBARMY https://t.co/RAYdaij21q

— Shytoshi Kusama™ (@ShytoshiKusama) July 6, 2022

As for the TREAT reward token, it is planned to be used in the Shiba Inu ecosystem, including the project’s metaverse and the upcoming Shiba collectible card game, which the developers have already called «the best game on the planet.» They also hope that TREAT will help ensure the stability of the SHI stablecoin.

Obviously, representatives of Shiba Inu have noticed the positive predictions of users about the future of SHIB and are ready to «please» their fans in the future. Thus, on July 5, members of the CoinMarketCap cryptocurrency community predicted a significant increase in the price of SHIB by the end of July. According to the vote of 16,403 members of the CoinMarketCap community, SHIB will be trading at $ 0.1039 by July 31 (which is about 101% higher than the price at the time of the vote). Interestingly, Shiba Inu has recently topped the ranking of the most problematic cryptocurrencies. According to a Los Muertos study, on June 15, most investors in the United States wanted to «get rid» of the Shiba Inu cryptocurrency and were looking for various methods of sale, being ready to give SHIB for almost nothing.