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Allbridge Core

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News

Hyperliquid Overtakes Solana in Market Valuation

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Hyperliquid has recently surpassed Solana in fully diluted valuation, highlighting the rise of revenue-generating chains in the cryptocurrency market.
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Tomas Novak

Qivalis Consortium Secures Support for Europe-Pegged Stablecoin Initiative

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The Qivalis consortium has secured support from 37 European banks for a Europe-pegged stablecoin initiative to enhance the competitiveness of Europe's digital assets market.
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Katerina Papadopoulou

European Commission Initiates Consultation on Crypto Regulation

European Commission Initiates Consultation on Crypto Regulation

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The European Commission has launched a consultation to review the EU's regulatory framework on crypto assets, known as the Markets in CryptoAssets Regulation (MiCA), to gather feedback from stakeholders and the public.
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Maya Lundqvist

What is Allbridge Core?

Allbridge Core offers a native stablecoin bonding experience, enabling seamless exchanges between EVM and non-EVM blockchains. At launch, the protocol supports the Ethereum, BNB Chain, Tron and Solana networks. In the future, the decision to add a new chain and tokens will be made by the DAO participants, consisting of liquidity providers.

Allbridge Core

Allbridge Core — a simple, modern and reliable way to transfer assets between different networks. It is a bridge between EVM blockchains (such as Ethereum, Polygon, BSC) and non-EVM blockchains (such as Solana, Terra) that aims to embrace L2 solutions (such as Arbitrum, Optimism) and NFT transfers in the future.

Each transfer includes 2 transactions: one from the source blockchain and the second in the destination chain. In the case of Allbridge, the transaction takes exactly as long as it takes for this block chain to confirm it.

If the confirmation rate is fast enough, the transfer can be completed almost instantly.AllbridgeCore

Allbridge supports several different transfer types. Users can send Native tokens and receive Native or Wrapped tokens on the target blockchain. They can also send wrapped tokens from the source chain and receive their own or wrapped tokens on the destination chain. The dynamic fee system allows Allbridge stakers to reduce the cost they pay for asset transfers.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.