Stratis ChainPort: A DeFi Bridge Powered by Stablecoins

IconCryptoNewsTerminal Staff28 May, 2024

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Stratis ChainPort: A DeFi Bridge Powered by Stablecoins

Stratis has released ChainPort, a DeFi bridge that utilizes stablecoins such as USDT, USDC, and wETH. This announcement follows Stratis' initial announcement of the upcoming release earlier this month. ChainPort enables seamless cross-chain bridging of assets, offering new opportunities for liquidity management and asset utilization. This bridge provides a vital infrastructure for the growing DeFi ecosystem, fostering interoperability and streamlining financial operations across various blockchains.