.shibarium_ $SHIB team member praises $SHI stablecoin (not released yet), unlike PayPal's PYUSD
SHI is a stablecoin that the Shiba Inu team is currently working on that has not been released yet.
From time to time, some scam accounts on Twitter write that it has already been launched. On Sunday, lead developer Shytoshi KusamaUnlike PayPal's centralized stablecoin, the Shiba Inu team is focused on decentralization and protection of digital identity. Therefore, its stablecoin SHI may have a chance of wider adoption.
As for PYUSD, which has been issued on Ethereum, prominent XRP-themed account @RipplePandaXRP tweeted that they expect PayPal to stop this project soon as Ethereum fees are far too high.
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