River and LayerZero Integrate to Launch First Omni-CDP Module

PANews reported on August 21st that the DeFi project River announced its integration with LayerZero, launching the first Omni-CDP module, supporting cross-chain native minting of the stablecoin satUSD. Users can deposit assets such as BTC, ETH, BNB, or LST on any supported chain and mint satUSD directly on another chain, eliminating the need for bridging or wrapping assets, eliminating risk and complexity. satUSD utilizes the OFT standard to ensure value consistency across multiple chains and can be used in over 30 DeFi protocols, including trading, staking, and lending.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
In the past 24 hours, a total of $172 million worth of contracts were liquidated across the entire network, including both long and short positions.
PANews Newsflash