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Starknet Introduces Asset Runes Backed by USDC for Cross-Chain Transactions

Starknet Introduces Asset Runes Backed by USDC for Cross-Chain Transactions

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by Giorgi Kostiuk

a day ago


Starknet, an Ethereum Layer 2 scaling solution, has announced the launch of Asset Runes, backed by USDC reserves, opening new opportunities for Bitcoin holders.

Overview of the Launch of Asset Runes

Starknet has announced the rollout of Asset Runes, which are backed 1:1 by USDC reserves. This allows Bitcoin holders to gain a new level of security and supports the integration of blockchain ecosystems.

Market Impact and Cross-Chain Integration

The launch of Asset Runes has a significant impact on the market, enabling Bitcoin holders to interact directly with the Starknet system. This boosts user trust in cross-chain transactions and highlights Starknet's role in the industry.

Starknet is one of the few Layer 2 networks worth watching.Vitalik Buterin

Future Prospects of Starknet

The launch of Asset Runes has the potential to transform cross-chain financial activities. Historical trends indicate a growing reliance on decentralized platforms for currency holding, reflecting a move towards comprehensive blockchain networks.

Thus, with the launch of Asset Runes, Starknet sets new standards for cross-chain interactions, enhancing reliability and opening new horizons for blockchain system users.

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