Golden Finance reports that sUSD, a stablecoin linked to real-world assets (RWA) under Solayer, has witnessed significant development. At present, sUSD has successfully expanded its business territory to the Base network with the help of Wormhole NTT technology. This move marks that sUSD has officially achieved native multi-chain support and injected new vitality into its development in the cryptocurrency market.
Wormhole NTT, as an innovative cross-chain solution, played a key role in the cross-chain expansion of sUSD this time. With NTT, sUSD tokens can effectively reduce the problem of liquidity dispersion. Under the traditional cross-chain model, asset transfer often requires complex mechanisms, which can easily lead to the dispersion of liquidity of the same asset across different chains and affect market efficiency. NTT, through its unique design, enables sUSD to maintain more concentrated liquidity during cross-chain operations, enhancing the convenience and smoothness of transactions.
Meanwhile, with the help of NTT technology, when sUSD is transferred across chains, Solayer can still firmly maintain control over token ownership, metadata, and upgrade capabilities. This is of great significance for the long-term development of sUSD. The control over the ownership of tokens ensures Solayer’s dominant position in the sUSD ecosystem. The control of metadata helps maintain the accuracy and consistency of sUSD information, allowing users to clearly understand the relevant information of the tokens. The control of upgrade capabilities enables sUSD to optimize and upgrade in a timely manner in response to market changes and technological developments, thereby enhancing its competitiveness in the market.
In the current cryptocurrency market, the development trend of multi-chain ecosystems is becoming increasingly evident. Each blockchain has its unique advantages and application scenarios, and achieving cross-chain interoperability has become the goal pursued by many projects. sUSD extends to the Base network through Wormhole NTT. It not only brings a broader usage space for its own users, enabling them to conduct transactions, investments and other activities more conveniently using sUSD in the Base network and its associated ecosystems, but also further enriches the types of assets in the Base network. It promoted the prosperity of its ecosystem. As more and more stablecoins and other digital assets adopt similar cross-chain technologies, the entire cryptocurrency market is expected to achieve more efficient resource allocation and closer integrated development, creating more value for investors and users.
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