Saber Launches Ethereum USDC Liquidity Pool With Allbridge

This pool will make it easier for $27 billion of USDC on Ethereum to interact with Solana, and Ethereum now has access to the growing $2.5 billion of Solana native USDC.

Saber allows users to bridge their Ethereum USDC onto Solana in a wrapped form, exchange it for Solana-native USDC, or earn yield for providing liquidity. If you are interested in using this Ethereum <> Solana bridge for USDC, check out these Allbridge docs.

Saber looks forward to continuing to partner with Allbridge to empower a multi-chain future, with seamless stablecoin exchange across blockchains.

Saber is the leading cross-chain AMM for pegged assets on Solana, such as stablecoins and wrapped assets. As Solana’s core cross-chain liquidity network, Saber helps facilitate the transfer of assets between Solana and other blockchains. Users deposit crypto into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies.

Website ♦ Twitter ♦ Discord ♦ Medium

About Allbridge

Allbridge is a decentralized, modular, and expanding token bridge with on-chain consensus. It’s a simple, modern, and reliable way to transfer assets between blockchain networks. Allbridge mission is to make the blockchain world borderless and provide a tool to freely move assets between different networks. In the future it will evolve into a DAO-style multi-chain hub, establishing connections between the EVM and non-EVM networks.

Website ♦ Twitter ♦ Telegram ♦ Medium

⏩ SOURCE