7 days ago
TL;DR Shiba Inu’s stablecoin is still unavailable, awaiting certain regulations before its launch. However, other SHIB-related tokens like LEASH, BONE, and TREAT are already live, offering staking rewards, metaverse involvement, and other benefits to users. Launch on the Way? The stablecoin SHI is one of the tokens within the Shiba Inu ecosystem that remains under development, with no official release date announced yet. It will aim to provide price stability within the Shibarium network and is intended to maintain a peg of $0.01, differing from the typical $1 target of many well-known stablecoins. Earlier this week, one of the popular Shiba Inu developers, Kaal Dhairya, said the team is waiting on “clear stablecoin regulations” before moving forward with SHI. Recall that the US House Financial Services Committee passed the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act on April 23. The next stages of approval include passing a full House vote and a Senate vote. The bill seeks to create a regulatory framework for payment stablecoins, requiring issuers to disclose information about their reserves and operational practices. According to Bryan Steil (Chairman of the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence), it also gives the Office of the Comptroller of the Currency (OCC) “the authority to approve and supervise federally qualified nonbank payment stablecoin issuers.” “The STABLE Act protects consumers while cementing the US dollar as the world’s reserve currency and promoting the next generation of Web3 businesses here in the United States,” he added. For his part, Congressman Dan Meuser claimed the legislation will “make payments faster, cheaper, and more accessible, reducing costs to the benefit of businesses and consumers alike.” Other SHIB-Related Tokens Contrary to SHI, additional assets within the Shiba Inu ecosystem are active and tradable on various cryptocurrency exchanges. Doge Killer (LEASH) is one example. It is designed to complement the primary SHIB token and allows users to participate in staking rewards, metaverse developments, and exclusive NFT offerings. Some of the trading venues supporting LEASH include Crypto.com , Gate.io, and others. BONE ShibaSwap (BONE) is next in line. It plays a role in Shiba Inu’s layer-2 scaling solution, Shibarium , by facilitating transactions and contributing to its efficiency . Lastly, we will touch upon Shiba Inu Treat (TREAT), which went live in January this year. The token is designed to enhance utility and engagement across the network’s projects and provide liquidity for the upcoming stablecoin SHI. The post Here’s Why Shiba Inu’s SHI Stablecoin Is Still Waiting for Its Big Debut appeared first on CryptoPotato .
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Russia Paves Way for Using Digital Ruble in National Budget Disbursements
According to Russian authorities, the necessary steps for allocating budget funds using the digital ruble have already been completed, enabling the CBDC to be utilized for these disbursements. The Ministry of Finance has also prepared subsidies for an upcoming test. Digital Ruble on the Verge of Being Used for Budget Disbursements in Russia While the Crypto Potato
BTC and XRP Expected to 10x—But MAGACOINFINANCE May Outpace Both
Crypto experts continue to forecast major upside for legacy coins like Bitcoin (BTC) and XRP , with 10x targets still on the table through 2025. While those gains would be significant, there’s one token building faster—and it’s not even on the market yet. MAGACOINFINANCE , a fast-growing altcoin project , is delivering what the majors can’t: a 25x ROI setup under $0.001 , with momentum climbing daily. ROI Forecast – BTC and XRP Show Strength, But MAGACOINFINANCE Leads in Velocity Bitcoin (BTC) – $81,812 (projected ROI: 2x–3x in current cycle, 10x long-term) XRP – $1.99 (analysts targeting 4x–5x growth, up to 10x by 2026) MAGACOINFINANCE – $0.0002908 ( Confirmed 25x ROI to $0.007 , or 3,745% with MAGA50X ) BTC and XRP remain strong—but MAGACOINFINANCE is offering 25x before most have even noticed it . STAGE 6 SOLD OUT — STAGE 7 LIVE NOW MAGACOINFINANCE – THE ALTCOIN READY TO OUTPACE THE GIANTS MAGACOINFINANCE is now in Stage 7 , after fully selling out Stage 6. At only $0.0002908 , it’s locked in to list at $0.007 , guaranteeing early backers a 25x return . Add the MAGA50X promo code, and total ROI jumps to 3,745% . With over 12,500 holders already onboard, this project is gaining serious traction in Q2. Buy at: $0.0002908 Listing Target: $0.007 25x ROI Potential (Up to 3,745% with MAGA50X)12,500+ holders and surging community growth 50% BONUS TOKEN OFFER — ENDS SOON! USE MAGA50X Other Coins to Watch: ADA, TON, LINK, XLM While these coins continue to trend, none match MAGACOINFINANCE’s combination of low-entry pricing, community momentum, and immediate upside potential . Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC) , Ripple (XRP) , and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. Website : magacoinfinance.com Twitter/X : https://x.com/magacoinfinance Continue Reading: BTC and XRP Expected to 10x—But MAGACOINFINANCE May Outpace Both Crypto Potato
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