Fuse Network Partners with Stargate to Enhance Cross-Chain Liquidity
Tel-Aviv, Israel, December 3rd, 2024, Chainwire
Payments-focused blockchain Fuse Network has announced a strategic integration with Stargate, the leading cross-chain asset bridge. The partnership aims to enhance cross-chain interoperability and liquidity within the Fuse ecosystem, leveraging Stargate’s Hydra technology to deliver seamless, secure, and cost-efficient asset transfers.
The integration marks a significant milestone for Fuse as it seeks to expand its ecosystem and offer users a frictionless experience for transferring digital assets across multiple blockchains. By utilizing Stargate’s unified liquidity model, Fuse eliminates the need for traditional liquidity pools, supporting a more streamlined and scalable approach to cross-chain transactions.
Stargate’s Hydra technology allows Fuse users to bridge key digital assets such as USDC, USDT, and WETH from over 20 chains directly onto Fuse Network. These assets are backed by locked native reserves on Stargate’s core blockchains such as Ethereum and Arbitrum, ensuring security and reliability without relying on dedicated Fuse liquidity pools.
Hydra’s composable asset model allows users to interact with decentralized applications across the omnichain ecosystem, further expanding the utility and accessibility of Fuse Network. The ability to tap into unified liquidity through Stargate’s multi-chain infrastructure eliminates the need for separate liquidity pathways and reduces reliance on incentivized liquidity programs, creating a more efficient system for users and developers.
Transferring assets from Stargate’s core chains to Fuse comes with zero fees or slippage, allowing high-volume transactions to occur seamlessly. By connecting directly to Stargate’s infrastructure, the majority of DeFi liquidity on Fuse can migrate to Stargate-backed assets without the need for additional capital reserves or complex governance decisions.
By removing the complexities of traditional liquidity structures, TStargate’s Hydra technology supports Fuse’s mission to deliver scalable, user-friendly payment solutions for businesses and individuals. It also aligns with Fuse’s broader roadmap, which includes significant upgrades such as the Fuse Ember transition to modular architecture and zkEVM compatibility.
About Fuse
Fuse is a layer 2 blockchain that offers fast, cheap, and borderless payments with stablecoins and DeFi building blocks. It enables businesses to build, integrate, and use blockchain technology to enhance mobile, e-commerce, loyalty, and branded stablecoins.
Learn more: https://www.fuse.io
About Stargate
Stargate is a cross-chain bridge protocol that connects multiple blockchain ecosystems, enabling secure and seamless asset transfers. Powered by Hydra technology, Stargate eliminates the need for traditional liquidity pools, offering a cost-efficient and composable solution for omnichain DeFi applications.
Learn more: https://stargate.finance