Connect with us

News

AllBridge integrates with Polygon to improve asset transfer

Published

on

Cross-chain asset transfer platform Allbridge Core has announced its integration with major Ethereum Hard Fork chain Polygon  The Partnership is set to improve the transfer of assets between Polygon Chain and across other chains.

According to the announcement,  this is the fifth chain integrated into AllBridge Core. AllBridge would enable users will be able to seamlessly bridge the most popular stablecoin assets to Polygon from Ethereum, BNB Chain, Solana, and Tron.

AllBriudge that they intended to leverage the power of Polygion, as leveraging the Polygon on technology would mean more DeFI community members would experience Polygon’s  “scalable, secure, and sustainable ecosystem of decentralized applications and gain access to the wide variety of protocols”

Speaking further AllBridge announced its belief, that the integration would  “ further drive the adoption of the Polygon technology within the DeFi space” and they expressed their excitement to contribute to the growth. 

Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure, and sustainable blockchain infrastructure for Web3.

Allbridge Core is a cross-chain swap platform built specifically for dollar-pegged tokens. It operates without the wrapped assets by providing native liquidity pools for the supported assets on each chain.

The existing Polygon network is home to some of the biggest Web3 projects, such as Aave, Uniswap, and OpenSea, and well-known enterprises, including Robinhood, Stripe, and Adobe. Polygon Labs is carbon neutral with the goal of leading Web3 in becoming carbon negative.

See Also

0 0 votes
Article Rating
Advertisement Earnathon.com
Click to comment
0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments

Crypto News Update

Latest Episode on Inside Blockchain

Crypto Street

Advertisement



Trending

ALL Sections

Recent Posts

0
Would love your thoughts, please comment.x
()
x