Allbridge Enables UST Transfers to Solana with Saber
We are thrilled to enable more stablecoin transfers by launching a new bridge for Terra’s algorithmic stablecoin UST.
By visiting Saber’s platform users will be able to swap their bridged assets and actively participate in the life of the Solana ecosystem. In addition, SBR rewards will be enabled for the atUST-CASH farm, incentivizing the liquidity providers.
Bridge your UST from Terra to Solana with Allbridge!
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 simple, modern, and reliable way to transfer assets between different networks. It is a bridge between both EVM and non-EVM compatible blockchains, that aims to cover L2 solutions and NFT transfers in the future.
Allbridge’s mission is to make the blockchain world borderless and provide a tool to freely move assets between various blockchains.