USDT XFlows launches on Polkadot via Astar

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.

Achieving blockchain interoperability is a collective effort. Only by combining diverse approaches can the full potential of blockchain technology be unlocked. As such, Wanchain and Astar are proud to officially announce the launch of USDT XFlows on Polkadot!

What are USDT XFlows?

USDT XFlows is a decentralised cross-chain solution that enables native-to-native crosschain transfers between blockchains where USDT is natively minted by Tether. XFlows leverage the power of Wanchain’s cross-chain bridges to provide easy, non-custodial transfers between chains without the need for centralised exchanges.

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.

USDT addresses

More token addresses available here: https://wanscan.org/tokens

About Astar

Astar Network — The Future of Smart Contracts for Multichain.

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.

Astar’s vibrant ecosystem has become Polkadot’s leading Parachain globally, supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps. To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers support and guidance for builders of all types of dApps.

About Wanchain

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.