Express

The Avalanche-Ethereum Bridge (AEB) is Now Live

Amy Liu

Summary: The Avalanche-Ethereum Bridge (AEB) is now live, enabling DeFi users to seamlessly move assets like $WBTC, $AAVE, $UNI, and $LINK between the two ecosystems. The bridge will allow users of DeFi tools to transfer their assets between the two ecosystems. Its creation also means that developers of DeFi projects on Ethereum will be able to ...

The Avalanche-Ethereum Bridge (AEB) is now live, enabling DeFi users to seamlessly move assets like $WBTC, $AAVE, $UNI, and $LINK between the two ecosystems.

The bridge will allow users of DeFi tools to transfer their assets between the two ecosystems. Its creation also means that developers of DeFi projects on Ethereum will be able to offer users an alternative platform on which to transact.

The bridge was constructed by blockchain development group ChainSafe. “Bridges play a vital role in enabling DeFi to grow beyond the borders of one network to complementary ecosystems,” explained Emin Gün Sirer, chief executive and co-founder of Ava Labs. 

By Amy Liu

Last Update:

Tags: ,,,
Link: The Avalanche-Ethereum Bridge (AEB) is Now Live   [Copy]
Next:

Related Articles

  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 13 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago

    • You need to login to comment.