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Blockchain

Synapse Has Integrated With Canto

November 23, 2022 - Around 2 mins mins to read
One of the most well-known cross-chain bridges, Synapse, has made it possible to bridge the new Canto blockchain.
Synapse Has Integrated With Canto

Connecting Canto to other major blockchains has been one of the key challenges for adoption. Before the Synapse bridge integration, the Cosmos Gravity Bridge was the only means of transporting items onto Canto.

It’s the first time a Cosmos ecosystem bridge integration has gone live on the platform, and this chain is the 18th to join its bridging network.

Now that Synapse is hosting a stableswap pool for all of the connected chains, users can seamlessly bridge stablecoins into Canto. The native stablecoin within the Canto ecosystem, NOTE, is given to users who bridge into Canto and is used throughout their native DeFi apps.

Synapse Has Integrated With Canto

Cosmos is the foundation upon which Canto is based, enabling developers to create their own chains. By having a natively integrated decentralized exchange and lending market that is both free to use for users, it is taking a novel approach to scaling.

The Synapse integration of Canto makes it possible for apps from other chains to be deployed on its network.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News

Canto

Cosmos

Cross chain bridge

Synapse

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Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
Blockchain

Synapse Has Integrated With Canto

One of the most well-known cross-chain bridges, Synapse, has made it possible to bridge the new Canto blockchain.
Synapse Has Integrated With Canto

Connecting Canto to other major blockchains has been one of the key challenges for adoption. Before the Synapse bridge integration, the Cosmos Gravity Bridge was the only means of transporting items onto Canto.

It’s the first time a Cosmos ecosystem bridge integration has gone live on the platform, and this chain is the 18th to join its bridging network.

Now that Synapse is hosting a stableswap pool for all of the connected chains, users can seamlessly bridge stablecoins into Canto. The native stablecoin within the Canto ecosystem, NOTE, is given to users who bridge into Canto and is used throughout their native DeFi apps.

Synapse Has Integrated With Canto

Cosmos is the foundation upon which Canto is based, enabling developers to create their own chains. By having a natively integrated decentralized exchange and lending market that is both free to use for users, it is taking a novel approach to scaling.

The Synapse integration of Canto makes it possible for apps from other chains to be deployed on its network.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News

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