Allbridge is going to assist with launching the first Celo USDC liquidity pool on Solana. They enable their users to bring their Celo USDC to Saber’s platform, where they can be exchanged into Solana-native USDC. Previously we already bridged USDC from Avalanche and Ethereum and they are actively looking to expand the availability of stablecoin options.
Visit Saber’s USDC — acUSDC stablecoin pool if you are interested in liquidity provision. SBR rewards will be enabled within the next 24 hours. To bridge your Celo USDC assets — check our bridging solution.
About Saber
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.
About Allbridge
Allbridge is a modular and expanding token bridge with on-chain consensus. It’s a simple, modern, and reliable way to transfer assets between blockchains. Allbridge’s 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.
About Celo
Celo is a mobile-first, carbon-neutral blockchain that makes decentralized financial (DeFi) tools and services accessible to anyone with a mobile phone — bringing the powerful benefits of DeFi to the users of the 6 billion smartphone subscribers around the world. With its interoperability, cross-chain compatibility and vision for inclusivity, Celo enables native and non-native digital assets — both private and public) — to circulate freely, at extremely low costs and high speeds, across devices, carriers, and countries — making money mobile, global and accessible like never before.
📰 INFO
https://allbridge.medium.com/enabling-celo-usdc-transfers-to-solana-with-saber-7fcae0d12b9
