- Vechain launched the inaugural cross-chain bridge through Wanchain, which activates interoperability with more than 40 blockchains, including Bitcoin, Ethereum, Solana, Avalanche, and BNB chain.
- Users can now bridge assets such as the BTC, ETH, USDC, Sol, and XRP to vechain and move Vet, VTHO, and B3TR to other ecosystems.
Vechain Cross-chain debuts bridge by Wanchain Integration, unlocking multichein interoperability and stablecoin access
The vechain has taken a decisive step in the future multichein along with the launch of its first cross-chain bridge by integrating with Wanchain, one of the long-awaited Interoperability infrastructure provider provider.
Vechain is the layer dedicated to Enterprise 1 blockchain known for real-world asset tokenization and supply chain applications.
The integration marks a milestone in the evolution of the vechain, which activates seamless interoperability with more than 40 top blockchains, including Bitcoin, Ethereum, Solana, Avalanche, BNB chain, and polkadot. In the first instance, users can bridge assets such as BTC, ETH, Sol, and USDC to the vechain ecosystem and move folk tokens such as Vet, Vtho, and B3TR show out external networks -a leap forward for decentralized liquidity and business adoption.
“This integration marks a major milestone for the whole ecosystem,” said Sunny Lu, co-founder and CEO of Vechain. “By unlocking the bilateral crosschain flow, we have dramatically expanded the liquidity and enabling business decentralized finances to a global scale. This integration gives way to new commercial applications, deployment of multichein, and faster web3 technologies with core maintenance.”
Accessing stablecoin and expanding defi
One particular transformation of the aspect of integration is the native onboarding of the USDC and USDT wrapped onto the vechainthor blockchain, which provides the network of Stablecoin Liquidity for the first time. It opens decentralized cases of financial use such as lending, liquidity pools, and new trade pairs, while enabling businesses to resolve payments to trusted digital currencies – a step towards bridging traditional and decentralized economies.
As the global Stablecoin market now exceeds $ 150 billion in the total market capitalization of the market, the vechain transfer is in line with greater trends that favor tokenized payments and blockchain -based infrastructure. Competitors such as Ethereum and Solana have raised the emerging defi ecosystem, and this launch positions vechain to participate more aggressively in the Multichain Defi Arm race.
A safe foundation with real-world incentives
To ensure stability, the infrastructure of the bridge undergoes a full third-party audit early on the launch. The Wanchain-operation since 2017-has carried a proven track record, facilitating more than $ 1.5 billion in cross-chain volume and over 71 million transactions throughout 42 integrated blockchain. The platform is also noteworthy for maintaining a zero major security incident record, a rarity in the volatile world of cross-chain protocols.
Users can earn rewards through the unique Wanchain incentive mechanism, which gamify the contributions to the liquidity and completion of the work. This model not only strengthens the network’s liquidity but also enhances the user’s interaction without the need for funds to be locked -a significant removal from the traditional defi staking mechanisms.
In addition, the integration expands the stretch of Bebetterdao, the maintenance of vechain-driven rewards. This extension enables participants to more blockchains to access rewards for ECO awareness actions, which positions vechain as leader at the intersection of Green Technology and Web3.
Why important?
The integration comes amid a wave of business blockchain activity. In improving the clarity of regulations worldwide and the adoption of Stablecoin, platforms such as Vechain are racing to position themselves as infrastructure providers for real-world use cases. Vechain has long focused on partnerships with companies such as DNV and PWC for supply chain validation, and this transition is closer to the network to fulfilling the broader utility of the Blockchain Business Grade.
Temujin Louie, CEO of Wanchain, noted, “We hope the integration will not only facilitate cross-chain connection within the vechain ecosystem but also leads to increased change between vechain and other well-known blockchain networks.”
Vechain confirmed additional incentive and integration programs are in development to further support the user’s participation and the growth of liquidity.
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Image credits: Vechain