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Allbridge Core

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News

Economic Fallout from the Closure of the Strait of Hormuz

Economic Fallout from the Closure of the Strait of Hormuz

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The closure of the Strait of Hormuz is causing widespread economic repercussions, with rising prices for various commodities and potential shortages.
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Andrew Smith

Iran's Closure of the Strait of Hormuz Causes Oil Market Turmoil

Iran's Closure of the Strait of Hormuz Causes Oil Market Turmoil

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Iran has closed the Strait of Hormuz and attacked ships, leading to significant disruptions in the global oil market.
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Jacob Williams

Trump's Ultimatum: Restore Passage Through Strait of Hormuz

Trump's Ultimatum: Restore Passage Through Strait of Hormuz

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US President Donald Trump has issued a 48-hour ultimatum, threatening to destroy Iranian power plants if free passage through the Strait of Hormuz is not restored by Monday night.
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Zainab Kamara

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.