Standard Protocol Partnership With Celer Network
Standard Protocol announced partnership with Celer Network for its upcoming self-sovereign stablecoin, MeterUSD ($USM), launching in Q1 2022.
Celer has recently announced cBridge integration with Metis and Astar Network. As Standard being a part of both ecosystems, they are very glad to have Celer cBridge support that enables their stablecoin MeterUSD ($USM) delivery to both networks and future expansion to many other blockchains.
Standard will also integrate Celer cBridge UI into its Standard DEX to deliver a seamless user experience soon.
Celer cBridge is a multi-chain interoperability platform that can bridge assets and arbitrary messages across 10+ different chains in an instant, low-cost, and secure method. As of the date of this article, cBridge has bridged around $2 billion worth of assets.
ABOUT Celer Network
Celer Network is a layer-2 scaling platform that brings fast, secure and low-cost blockchain applications on Ethereum, Polkadot and other blockchains to mass adoption. Celer launched the world’s first Generalized State Channel Network and continues to push the frontier of layer2 scaling with advanced Rollup technology. Core applications and middlewares like cBridge, layer2.finance and more ecosystem applications built on Celer have attracted more large audiences in DeFi, blockchain interoperability and gaming space.
ABOUT Standard Protocol
Standard Protocol is a collateralized rebasable stablecoin protocol for synthetic assets operating across the Polkadot Ecosystem.
RESOURCES
Medium
