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Stables Labs Goes Live on Base Network with Cross-Chain Support from Axelar
Summary: Stables Labs, the developer of the stablecoin issuance protocol usdx.money, announced the launch on the Base network in collaboration with cross-chain interoperability protocol Axelar and Squid, providing seamless cross-chain access for USDX and sUSDX on the Base chain. Stables Labs' next steps include: Cross-chain integration through Axelar and Squid to bridge USDX/sUSDX to Base, ensuring ...
Stables Labs, the developer of the stablecoin issuance protocol usdx.money, announced the launch on the Base network in collaboration with cross-chain interoperability protocol Axelar and Squid, providing seamless cross-chain access for USDX and sUSDX on the Base chain. Stables Labs' next steps include: Cross-chain integration through Axelar and Squid to bridge USDX/sUSDX to Base, ensuring asset security, conducting comprehensive audits, testing, and continuous monitoring. Launching liquidity building on Balancer with V3 liquidity pool: USDX/sUSDX/aaveUSDC (in a 1:1:1 ratio), providing initial liquidity and strong liquidity provider (LP) incentives. Initiating community activities to drive early adoption, offering a 20% S-Points bonus during Epoch 10.
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Link: Stables Labs Goes Live on Base Network with Cross-Chain Support from Axelar [Copy]
