Following the extremely successful launch of the USDT pool at Saber with over $26 million bridged last week, we were overjoyed by the feedback we received from the community. This is why we decided to provide even more opportunities for cross-chain enthusiasts.
With the assistance of our partners at Saber — a leading cross-chain AMM on Solana, we are launching USDC transfers from Polygon to Solana. Backed by Centre, USDC is a fast and reliable stablecoin, which steadily grows in circulation. It became increasingly widespread within the DeFi ecosystem due to the regular audits and its dollar backing.
The combination of these two factors ensures that the USDC will always remain 1:1 to the U.S. dollar, instilling additional confidence in it as a stablecoin. We sincerely believe that providing bridge access to USDC will work for the betterment of the entire crypto space.
Throughout this mutual collaboration, we would like to achieve seamless asset transfers between the Solana and EVM-compatible chains. Backed by Saber’s expertise in asset exchange, we couldn’t possibly have asked for a better partner in this endeavor. We are looking forward to your feedback, since the better the reaction, the more assets we are likely to bridge over.
Get to bridging now: https://app.allbridge.io/
If you haven’t already, we highly encourage you to check the links to Saber’s socials.
Saber is the leading cross-chain AMM for pegged assets on Solana, such as stablecoins and wrapped assets. As Solana’s core cross-chain liquidity network, Saber helps facilitate the transfer of assets between Solana and other blockchains. Users deposit crypto into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies.
Allbridge is a decentralized, modular, and expanding token bridge with on-chain consensus. It’s a simple, modern, and reliable way to transfer assets between blockchain networks. Allbridge mission is to make the blockchain world borderless and provide a tool to freely move assets between different networks. In the future it will evolve into a DAO-style multi-chain hub, establishing connections between the EVM and non-EVM networks.