Fuse Network, a payments-focused blockchain, has announced a strategic partnership with Stargate, the industry's leading cross-chain asset bridge. Through the use of Stargate's Hydra technology, the collaboration seeks to improve cross-chain interoperability and liquidity inside the Fuse ecosystem.
Partnership Goals
The integration represents a major turning point for Fuse, as it looks to grow its ecosystem and provide customers with a seamless experience for moving digital assets across blockchains. Utilizing Stargate’s unified liquidity model eliminates the need for conventional liquidity pools.
Technology and Support
Fuse users may bridge important digital assets like USDC, USDT, and WETH from more than 20 chains straight into the Fuse Network thanks to Stargate’s Hydra technology. These assets are supported by locked native reserves on Stargate’s core blockchains, including Ethereum and Arbitrum, ensuring security and reliability.
Benefits for Users and Developers
Hydra’s composable asset model further increases the functionality and accessibility of Fuse Network, enabling users to engage with decentralized apps across the omnichain ecosystem. Stargate’s multi-chain infrastructure makes it possible to access unified liquidity, doing away with the requirement for distinct liquidity paths and lowering dependency on incentive-based liquidity programs.
The strategic partnership with Stargate helps Fuse fulfill its objective of providing scalable, user-friendly payment solutions. This is in line with its larger vision, which includes important enhancements like zkEVM support and the Fuse Ember's transition to modular architecture.