Allbridge, a platform that offers cross-chain bridge capabilities for the transfer of assets between both EVM and non-EVM compatible blockchains, has integrated with Tezos (XTZ / USD), a leading proof-of-stake network.
Bu kripto haberleri on cross-chain integration for Tezos follows a partnership between Allbridge and MadFish.Solutions, a Tezos merkezi olmayan finans ecosystem provider.
Bringing more liquidity to Tezos
According to an announcement the Allbridge team shared with Invezz on Friday, the collaboration targets bringing more liquidity to the energy-efficient Tezos blockchain.
With this development, 16 blockchains are set to integrate with Tezos, adding to the interoperability between the chains.
The cross-chain bridge going live on Tezos means seamless interoperability between the Tezos ecosystem with other top platforms such as Polygon, BNB Chain, and Solana.
Top coins and tokens coming to the Tezos network include USDC, BUSD and Allbridge’s native token ABR. There are also plans to expand the feature with 15 different chains supported by Allbridge, while all supported tokens will also be available on the decentralised trading protocol QuipuSwap DEX.
Commenting on the collaboration, Allbridge co-founder and CEO Andriy Velukyy said:
“Tezos, DeFi ve NFT projelerinden oluşan geniş bir ekosisteme ve benzersiz bir zincir içi yönetim mekanizmasına sahip, kanıtlanmış bir geçmişe sahip bir blockchaindir. Tezos ile entegrasyonumuz, ortak bir ekiple yapılan özel bir işbirliğidir. MadFish.Solutions'daki arkadaşlarımızla birlikte Tezos topluluğunun 16 farklı zincire erişimini sağlıyoruz ve onların QuipuSwap DEX aracılığıyla Tezos'a katılmaları için bir ağ geçidi sağlıyoruz."
As part of future integrations, Allbridge will extend the functionality with support for major coins and tokens, including BTC, ETH, SOL, AVAX, NEAR, and USDT.
The bridge will also bring other leading stablecoins to Tezos, the Allbridge team noted.