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CryptoNewsZ 2024-02-07 13:45:53

Axelar introduces Interchain Token Services

Axelar has implemented Interchain Token Services (ITS) as a means to resolve the challenges associated with the complexities of distributing a token across multiple chains. This most recent application preserves the attributes and fungibility of each ERC-20 token while allowing it to traverse any EVM-compatible blockchain along the path Axelar took. The new technology, known …

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