Cronos EVM Launches Stargate ETH and USDC Pools Following LayerZero Integration
By: chainbits|2025/05/08 23:30:02
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Hong Kong, Hong Kong, May 8th, 2025, ChainwireCronos EVM, the Ethereum-compatible blockchain for the Cronos ecosystem, has announced the launch of two new Stargate pools. ETH and USDC pools are now live on Cronos EVM following the integration of LayerZero’s omnichain messaging protocol.The introduction of LayerZero’s interoperability solution has enabled new cross-chain pools to be deployed on Cronos. The Stargate-powered ETH and USDC pools support deep liquidity for enhanced trading on Cronos EVM. This is achieved through drawing liquidity from multiple networks to deliver better pricing and capital efficiency.Built on LayerZero, Stargate’s liquidity architecture unifies liquidity and connects users to more than 50 blockchains, providing seamless interoperability. As a result, developers and users on Cronos can take advantage of connectivity between the networks already supported by Stargate; it’s the Omnichain network.Cronos Lead Mirko Zhao said: “Thanks to LayerZero, the Cronos universe has just expanded. With new Stargate pools for ETH and USDC, Cronos EVM users can enjoy boundless liquidity, while DeFi projects can create new products that are native to Cronos while being fully cross-chain. We’re excited to see what developers create by taking advantage of these powerful primitives that strengthen the ties between Cronos and the broader omnichain landscape.”Through integrating Stargate, Cronos is able to enhance end-user experience significantly, particularly in terms of token bridging. The move also benefits Cronos dapp developers, who can leverage Stargate’s unified liquidity network, to build new cross-chain solutions that harness Omnichain scalability.A core component of Stargate’s V2 protocol, Hydra operates as a Bridge-as-a-Service (BaaS). This enables chains without native assets to tap into unified liquidity across Stargate’s entire network. By locking native assets in core pools and minting 1:1 Hydra-backed assets on connected chains, dapps can connect directly to the Omnichain to gain seamless interoperability, capital efficiency, and stablecoin support. This helps new chains bootstrap liquidity and users and to scale rapidly from day one.The launch of new pools and Omnichain connectivity on Cronos EVM will form direct pipelines between the Cronos ecosystem and Stargate’s connected chains including Ethereum, Arbitrum, Optimism and Base. This will enable Cronos to grow TVL and deepen liquidity as users can move swiftly and seamlessly between blockchain networks.“Cronos is a core pillar of the DeFi industry,” said Lamps, Foundation Lead at Stargate. “By connecting to Stargate’s Omnichain liquidity network, Cronos enters a truly unified Web3 where value flows freely, and developers can unlock the next generation of Omnichain-powered applications.”About CronosCronos is a leading blockchain ecosystem, adopted by Crypto.com and more than 500 application developers and partners representing an addressable user base of more than 80 million people around the world. Cronos’ mission is to make it easy and safe for the next billion crypto users to adopt self-custody in Web3, with a focus on Decentralized Finance and Gaming.The Cronos universe encompasses 3 chains: Cronos (EVM), the leading Ethereum-compatible blockchain built on Cosmos SDK; Cronos POS, a leading Cosmos chain for payments and NFTs; and Cronos zkEVM, a new high performance layer 2 network. Cronos ranks among the top 15 blockchain ecosystems, safeguarding more than 6 billion dollars of user assets. Since launching in 2021, it has securely settled more than 100 million transactions.Cronos Labs is the $100M startup accelerator focused on Cronos.About StargateLaunched in 2022, Stargate is the largest fully composable native asset bridge and the first unified liquidity network, enabling seamless, capital-efficient transfers between chains with instant, guaranteed finality. Built on LayerZero, it connects liquidity across 50+ blockchains, delivering frictionless interoperability for DeFi. With Stargate, value moves freely.ContactMarket Acrosspr@marketacross.comThe post Cronos EVM Launches Stargate ETH and USDC Pools Following LayerZero Integration appeared first on ChainBits.
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