Shiba Inu Shifts From Meme to Utility Token with Stripe-Backed Mass Partnership
- Shiba Inu partners with Mass for AI-driven legal and fiscal solutions, moving SHIB closer to becoming a utility token.
- Mass Financial’s Visa cards and Stripe-backed services will enhance SHIB’s ecosystem, driving growth and innovation.
- Shiba Inu’s price increases slightly as optimism grows around its new partnership with Mass and future financial utility.
On October 14, Shiba Inu announced its collaboration with Mass Financial, an AI-driven legal and fiscal platform. Mass, backed by players like Stripe, aims to be the financial layer of the Shiba State. With this relationship, Shiba Inu is going to improve from its original status as a meme coin to a more useful and widely recognized utility token.
AI-Driven Financial Solutions to Elevate SHIB Ecosystem
Mass Financial offers businesses an all-in-one operating system that simplifies financial processes and growth. Its AI-driven solutions focus on legal and fiscal efficiency. By incorporating these services, Shiba Inu is setting a precedent for innovation within crypto.
Besides, Mass Financial is backed by Stripe, which provides essential account and money transmission services. This integration could boost the Shiba Inu ecosystem’s financial operations.
Moreover, Mass holds a Visa license, enabling it to offer Visa Prepaid cards , further enhancing the utility of the SHIB network. Celtic Bank, a commercial lender, will issue these cards to Mass customers, adding credibility to the partnership. Hence, the collaboration between Shiba Inu and Mass could position SHIB as a leader in the crypto-financial sector.
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Shiba Inu’s lead developer, Shytoshi Kusama, and developer Kaaldhairya have actively promoted this partnership. Both developers emphasize the potential of this collaboration in elevating SHIB’s status in global crypto . Consequently, this announcement has sparked renewed interest in Shiba Inu’s ecosystem, particularly in its token Doge Killer (LEASH).
Additionally, Mass’s financial service platform is still in private beta but is expected to roll out further services soon. The collaboration promises long-term growth for SHIB and is in line with Shiba Inu’s objective of switching to a utility coin. As of this writing, At $0.000018 , Shiba Inu was up 1.26% from the previous day’s closing price with a trading volume of $474,507,909 at the time of writing.
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