Shiba Inu executive Lucie has announced SHIB’s “game-changing” partnership with Mass Finance. This significant development could help boost Shiba Inu’s adoption and onboard latest users into the meme coin’s ecosystem.
Shiba Inu Publicizes Game-Changing Partnership
Lucie announced in an X post that Shiba Inu had partnered with Mass Finance, a development she claimed would usher in a latest financial era for the Shiba State. The finance company is powered by Stripe payments and helps facilitate seamless money transmission and account services.
With such support from traditional financial institutions, Lucie remarked that Mass is ready to turn into the “financial layer” of the Shiba State. The finance company will use its AI-driven legal and monetary solutions to assist simplify financial processes and make it easier for businesses to operate throughout the Shiba Inu ecosystem.
Mass Finance will function an on-ramp for these businesses between the web2 and web3 ecosystems. Lucie said the firm will enable efficient fund management and compliance, fostering growth and innovation across the meme coin’s ecosystem. The SHIB exec further remarked that one in all the most important advantages of this collaboration is the convenience of onboarding.
In accordance with her, Mass’s streamlined and user-friendly solutions will help lower the barrier for brand spanking new businesses and users to enter the Shiba Inu ecosystem. This may help speed up adoption and pave the best way for wider participation.
She added that the partnership will empower the Shiba State with “cutting-edge financial tools, ensuring a stronger, more accessible future for all participants within the ecosystem.”
This announcement comes just days after legendary automobile manufacturer DeLorean Motors showed support for Shiba Inu and teased about potentially accepting the meme coin as a payment option for its cars. Such a move will help boost SHIB’s adoption and further ignite the competition between Shiba Inu and Dogecoin since Elon Musk has stated that DOGE will eventually turn into a payment option for Tesla.
SHIB Cancels ShibaCon Conference
These bullish developments for Shiba Inu come amid the announcement that the ShibaCon conference will not be held as planned. The inaugural event was scheduled for November 9 in Bangkok, Thailand. Nevertheless, the official Shiba Inu X account announced that it was being postponed to secure an excellent more “exciting experience” for attendees.
There was no information on when precisely the ShibaCon conference will now be held. Meanwhile, the SHIB account mentioned that ticket holders shall be contacted and fully refunded. To thank these ticket holders for his or her support, they may receive a VIP ticket totally free when the Shiba Inu team broadcasts a latest place and date for the conference.
On the time of writing, Shiba Inu is trading at around $0.000018, down within the last 24 hours, in accordance with data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com