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Shiba Inu (SHIB) ecosystem’s significant component, Bone ShibaSwap (BONE) token, has taken a crucial step towards reaching a broader audience with the developers’ latest move. Through the integration carried out on Shiba Inu’s Layer-2 solution Shibarium, individuals and businesses can now purchase BONE and Circle’s USDC stablecoin with fiat currencies using popular payment methods like Visa and Mastercard.
Shibarium Network Expands
This latest integration by Shiba Inu aims to strengthen the bridge between traditional finance and cryptocurrencies. The integration of giants like Visa and Mastercard into the Shibarium network has increased the accessibility of the BONE token, paving the way for it to reach a broader user base. This move critically contributes to Shibarium’s growth and adoption process.
Initially created to distribute rewards to SHIB holders, the BONE token has evolved into a different mission over time. Now used to pay gas fees on Shibarium, the altcoin also facilitates SHIB burning processes. One of BONE’s recent significant achievements is its listing on the Gate.io exchange. This development has increased the altcoin’s liquidity, attracting more investors.
The on-ramp service launched on Shibarium for the USDC stablecoin will make it easier for new users to enter the Shiba Inu ecosystem. Through this service, USDC holders will be encouraged to explore innovative use cases and make new investments on the Shibarium network.
Shibarium’s Development and Ecosystem Tokens
Shibarium continues to play a key role in the growth of the Shiba Inu ecosystem. A significant portion of the innovations within the ecosystem is usually Shibarium-based. To improve user experience and enhance network performance, Shibarium developers periodically offer updates. Recently, Shibarium’s compatibility with top-tier wallets like Coinbase Wallet, MetaMask, Wallet Connect, Trust Wallet, and Rainbow has been expanded.
Shiba Inu’s chief marketer Lucie stated that Shibarium’s success depends on continuous collaboration and the expansion of use cases. She emphasized that the momentum of ecosystem tokens relies on Shibarium’s continued function as a scalable solution.
