Fuse Network announces an integration with Stargate

Fuse Network , a blockchain platform focused on payment solutions, has announced its integration with Stargate, the leading cross-chain asset bridge, based on the most current reports shared with Finbold on Tuesday, December 3 . The collaboration is expected to enhance interoperability and liquidity across the Fuse ecosystem. By tapping into Stargate’s unified liquidity model, Fuse eliminates the need for traditional liquidity pools and offers more scalable and streamlined cross-chain transactions. Fuse 🤝 @StargateFinance We're thrilled to integrate with Stargate to enable unmatched composability, cross-chain liquidity and asset transfers from 20+ chains straight to Fuse ecosystem. pic.twitter.com/xKvHr8Makd — Fuse Network (@Fuse_network) November 29, 2024 Stargate’s Hydra technology As Fuse seeks to broaden its ecosystem and streamline digital asset transfers across different networks, the integration of Stargate’s Hydra technology promises secure, efficient, and cost-effective asset transfers. The technology lets users bridge popular assets like USD Coin (USDC), Tether (USDT), and WETH from over 20 blockchains directly onto the Fuse Network. All these assets are supported by locked native reserves on core blockchains such as Ethereum (ETH) and Arbitrum (ARB), removing the need for dedicated liquidity pools on Fuse itself. Hydra also allows for seamless interaction with decentralized applications ( dApps ) across the broader omnichain ecosystem. That is, by leveraging Stargate’s multi-chain infrastructure, Fuse simplifies the liquidity process, removing the need for separate liquidity pathways and reducing reliance on incentivized liquidity programs. Finally, transfers between Stargate’s core chains and Fuse incur zero fees or slippage, so that a large portion of Fuse’s liquidity can seamlessly transition to Stargate-backed assets without requiring additional capital or governance decisions. The potential of Fuse-Stargate integration With the Hydra integration, Fuse hopes to remove the friction of traditional liquidity structures and offer more scalable, user-friendly payment solutions for both businesses and individuals alike. As such, the integration also complements Fuse’s broader development roadmap, which includes major upgrades like the Fuse Ember transition to modular architecture and upcoming zero-knowledge Ethereum Virtual Machine (zkEVM) compatibility. The post Fuse Network announces an integration with Stargate appeared first on Finbold .