Allbridge provides a cross-chain infrastructure that enables the transfer of stablecoins between EVM and non-EVM compatible blockchains, facilitating seamless asset movement across diverse networks. This technology addresses the fragmentation in the blockchain ecosystem by allowing users to easily swap and bridge assets, enhancing liquidity and accessibility.
Funding
$2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
RCFounders
Product
Problem
The blockchain ecosystem is fragmented, with limited interoperability between different chains, especially between EVM and non-EVM compatible networks. This makes it difficult for users to seamlessly move assets across diverse blockchains, hindering liquidity and accessibility.
Solution
Allbridge provides a cross-chain infrastructure that enables the transfer of stablecoins between EVM and non-EVM compatible blockchains. Allbridge Core facilitates seamless asset movement across diverse networks, enhancing liquidity and accessibility. The platform utilizes liquidity pools with native stablecoins to enable swaps without wrapped assets. By supplying liquidity, users can earn a share of rewards generated from bridge transfer fees.
Target Audience
The primary target audience includes DeFi users and developers seeking to bridge stablecoins between EVM and non-EVM blockchains, as well as liquidity providers looking to earn rewards from cross-chain transfer fees.
Features
- Supports transfers between EVM and non-EVM chains
- Facilitates stablecoin swaps without the need for wrapped assets
- Utilizes liquidity pools funded by users to enable cross-chain transfers
- Offers multiple integration options via Allbridge Core SDK
- Supports Circle Cross-Chain Transfer Protocol (CCTP)
- Provides real-time transfer data tracking across supported chains
- Implements Wormhole messaging as a default option for Allbridge Core swaps
- Features live chat support