TL;DR Wanchain launches USDT XFlows on Astar, a scalable decentralised blockchain and Polkadot parachain. Native-to-native USDT cross-chain transfers are now live on Arbitrum, Avalanche C-Chain, BNB Chain, Ethereum, OKC, Polkadot (Astar), Polygon and Tron!
Blockchain technology is a marvel of decentralisation, where the absence of a central authority is a celebrated hallmark. Blockchains themselves form a diverse landscape of unique networks, each built with their own design goals, technical architectures, and consensus mechanisms. This variety is commendable, yet it complicates the already intricate challenge of interoperability. Fortunately, this challenge only ignites the passion of those dedicated to building a seamless, interconnected wide area network of blockchains.
What are USDT XFlows?
About USDT on Polkadot and Astar
Tether issues USDT, the blockchain industry’s biggest stablecoin by means of total market capitalisation, on Polkadot’s “common good” generic asset parachain, Statemint. By leveraging XCM, Polkadot’s cross-consensus communication protocol, native USDT can be transferred to parachains like Astar as “xcUSDT”.
Astar becomes the first Polkadot parachain to benefit from USDT XFlows. Astar was selected owing to its thriving community and skilled development team. Wanchain and Astar also share a compatible vision of the future of blockchain interoperability.
What routes are currently available for USDT on Astar?
USDT XFlows on the Astar are currently supported by direct bridges connecting Astar with Arbitrum, Avalanche C-Chain, BNB Chain, Ethereum, OKC, Polygon, Wanchain and Tron.
- Arbitrum ERC20
- Astar (xcUSDT via Polkadot)
- Avalanche C-Chain ERC20
- BNB Chain BEP20 (Binance-pegged USD)
- Ethereum ERC20
- OKC KIP20
- Polygon ERC20
- Tron TRC20
- Wanchain WRC20
Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability with cross-consensus messaging (XCM). Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for their code and the dApps they build.
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We are all connected — Wanchain, the Wide Area Network chain, is the world’s premier decentralised blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralised cross-chain applications to power the future of Web3.
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