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Owlto Releases Product Strategy Upgrade to Drive Cross-Chain Stablecoin Infrastructure with USD1 as Core
Summary: Cross-chain protocol Owlto Finance has announced a product strategy upgrade aimed at promoting cross-chain interoperability infrastructure for the stablecoin project USD1 (@worldlibertyfi) supported by the Trump family. The upgrade will focus on three main directions: 1. Achieving cross-chain circulation of USD1; 2. Allowing USD1 holders to stake on any chain and withdraw from any chain, ...
Cross-chain protocol Owlto Finance has announced a product strategy upgrade aimed at promoting cross-chain interoperability infrastructure for the stablecoin project USD1 (@worldlibertyfi) supported by the Trump family. The upgrade will focus on three main directions: 1. Achieving cross-chain circulation of USD1; 2. Allowing USD1 holders to stake on any chain and withdraw from any chain, while earning cross-chain fees and compound returns from other DeFi protocols; 3. After the 'Genius Act' is passed, USD1 will become the core relay asset for cross-chain stablecoin exchanges, expanding its ecosystem use cases. Owlto plans to build cross-chain infrastructure for USD1 and bring in real user base to enhance its on-chain liquidity and stablecoin market competitiveness.
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Link: Owlto Releases Product Strategy Upgrade to Drive Cross-Chain Stablecoin Infrastructure with USD1 as Core [Copy]
