Saber Launches Ethereum USDC Liquidity Pool With Allbridge
Saber is excited to launch a stable Ethereum-bridged USDC liquidity pool on Solana in partnership with Allbridge.
Allbridge provides the bridging solution connecting Ethereum and other blockchains to Solana.
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.
About Saber Labs
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.
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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.
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