BTCC / BTCC Square / SHIB News /
SHIB’s Stablecoin SHI Awaits Regulatory Clarity for Launch Amid Shibarium Growth

SHIB’s Stablecoin SHI Awaits Regulatory Clarity for Launch Amid Shibarium Growth

Author:
SHIB News
Published:
2025-04-11 04:15:28
17
2
[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

Shiba Inu’s upcoming stablecoin, SHI, remains in development as the team awaits clearer stablecoin regulations before its official debut. Designed to maintain a peg of $0.01, SHI aims to enhance price stability within the Shibarium ecosystem. Meanwhile, other SHIB-related tokens like LEASH, BONE, and TREAT are already operational, offering staking rewards and metaverse integration. The ShibaSwap platform has also seen a significant surge, with BONE volume increasing by 150%.

Shiba Inu’s SHI Stablecoin Awaits Regulations for Debut

Shiba Inu’s stablecoin SHI is still under development and awaiting clear stablecoin regulations before its launch. It aims to provide price stability within the Shibarium network and maintain a peg of $0.01. Other SHIB-related tokens like LEASH, BONE, and TREAT are already live, offering staking rewards, metaverse involvement, and other benefits. The team is yet to announce an official release date for SHI.

BONE ShibaSwap Volume Soars 150% Despite 15% Price Dip

The trading volume of BONE on ShibaSwap has surged by over 150% in the past hours, reaching nearly $11 million according to CoinMarketCap data. This increase occurred despite a significant 15% price dip, settling NEAR $0.2345. The unusual volume pattern reveals strong trader interest despite the negative price movement.

SHIB Lead Dev Provides Update on SHI Stablecoin Status

Shiba Inu lead developer Kaal Dhairya has given a rare update on the status of the SHI stablecoin, citing regulatory uncertainty as the reason for its delay. Kaal, fondly known as the SHIB Army, mentioned during a social media exchange that the project is waiting for clear stablecoin regulations before moving forward with SHI. This update has revived community interest in the final token of Ryoshi’s original vision.

Shiba Inu Teases Something Big Amid Market Volatility

The Shiba Inu team is appealing for calm as the meme cryptocurrency experiences intense market pressure. Ranked second largest, Shiba Inu has lost 9% in value over the last week and 40% since January 2025. Bitcoin’s recent drop to $74,000 has triggered a broader sell-off across cryptocurrency markets, affecting Ethereum and most altcoins. Shiba Inu, currently trading at $0.00001103, has seen a 2% drop in the past 24 hours. The team hints at ongoing development behind the scenes.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users