Shiba Inu Makes History: Launches Cross-Chain Lending Platform

In a major step towards expanding its utility beyond trading, the Shiba Inu ecosystem has launched a cross-chain lending platform. This groundbreaking development sees the memecoin integrate with Folks Finance, a decentralized lending protocol powered by Chainlink, allowing holders to lend and borrow SHIB across multiple blockchains. The integration currently supports 12 chains including Base, Arbitrum, Avalanche, and Polygon. Shiba Inu is aiming to position itself as a central player within DeFi (decentralized finance) with this new feature.