SHI Stablecoin Will Avoid Issues Found In Other Collapsed Stable Tokens Losing Billions, According to Shiba Inu Lead Developer
Lead developer of Shiba Inu Shytoshi Kusama has noted that the project is exercising caution with the development of its stablecoin, SHI, following the de-peg of Terra algorithmic stablecoin, TerraUSD (UST). To prevent a repeat of the Terra ecosystem collapse, which resulted in the wiping out of billions of dollars from the market, the Shiba […]