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Financial Industry Professionals Agree That Future of DeFi Requires Cross-Chain Interoperability and Seamless Liquidity Transfer Services

The decentralized finance (DeFi) ecosystem has grown exponentially during the past few years. Beginning with the launch of Ethereum (ETH) in mid-2015, application developers across the globe began to write smart contracts to support a wide range of decentralized applications (dApps). A few years later, other platforms such as EOS

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Visa Unveils Proposed Interoperability Platform for Stablecoins, CBDCs — CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies

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Visa working on blockchain interoperability hub for crypto payments

Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC).According to an official announcement on Thursday, Visa’s research team is working on a “Universal Payment Channel” (UPC) initiative, a blockchain

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Terra Blockchain, Home of LUNA and UST, Upgrades for Cross-Chain Interoperability — CoinDesk

Technically, “Wormhole V2 is already live for Solana, ETH, and Terra,” Curran explained. Wormhole’s node operators, known as guardians, “support Terra for V2, but the front-end interface support that allows users to transfer assets in and out of Terra to Solana and Ethereum is not live yet. The Wormhole team

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Chainlink (LINK) Launches Cross-Chain Interoperability Protocol (CCIP)

Chainlink (LINK) has announced the launch of a new Cross-Chain Interoperability Protocol (CCIP) designed to facilitate seamless, cost-efficient, and secure messaging and asset transfer between numerous independent blockchains, according to a blog post on August 5, 2021. Chainlink Promoting Cross-chain Interoperability with CCIP The success of bitcoin (BTC) and Ethereum (ETH) over

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Cosmos Set to Take Lead in Blockchain Interoperability With February’s Stargate Release

Right now, blockchains communicate via tacked-on solutions (state channels, sidechains, swaps, bridges and so on). With the Stargate update to Cosmos on Feb. 18, the tools for native blockchain interoperability will be live on mainnet. “This is a long-awaited release for many Cosmos-based projects out there,” Band Protocol’s Kevin Lu told

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