VeChain Launches Bridge Enabling Interoperability With Bitcoin, Ethereum, and 40 More Cryptos
Bitcoin.com
VeChain Launches Bridge Enabling Interoperability With Bitcoin, Ethereum, and 40 More Cryptos
VeChain has announced the launch of its bridge through an integration with Wanchain, enabling interoperability with bitcoin, ethereum, and over 40 other leading blockchains.
This milestone marks a significant evolution in VeChain’s transition to a fully interconnected Web3 ecosystem, allowing users to bridge assets such as BTC, ETH, and USDC directly into VeChain while also facilitating the transfer of VeChain-native assets like VET and VTHO to other networks.
The integration enhances liquidity and utility within the VeChain ecosystem, supporting decentralized finance (DeFi) applications and enabling enterprises to settle payments in widely trusted digital currencies. Sunny Lu, founder and CEO of VeChain, highlighted that this development will expand commercial applications and accelerate the adoption of Web3 technologies.
The bridge infrastructure will undergo a thorough third-party audit to ensure security and scalability, with plans for additional incentivized campaigns to reward users engaging in cross-chain transactions.
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