River.Inc, a DeFi protocol that aims to unify liquidity across multiple blockchain networks through its native stablecoin (satUSD), today announced the launch of its stable asset on Stargate Finance, a cross-chain native asset transfer protocol built on LayerZero, a cross-chain interoperability infrastructure that enables users to seamlessly transfer native assets across different chains. With this collaboration, River leverages Stargate Finance’s cross-chain infrastructure (LayerZero) to advance its satUSD stablecoin’s interoperability, to make the stable asset a more capital-efficient, omnichain stablecoin with deep multichain liquidity on the DeFi market.
River.Inc, formally known as Satoshi Protocol, is a chain-abstraction stablecoin system that connects stablecoins, assets, yields, and collaterals, enabling them to move across different chains. Powered by its native stablecoin (satUSD), River removes fragmentation between blockchains, allowing users to transfer, utilize, and earn on stablecoins more seamlessly across the wider DeFi environment.
River Makes satUSD Compatible With All Chains
The integration above enabled River to upgrade its satUSD stablecoin with LayerZero’s OFT (Omnichain fungible token) standard, an upgrade that now allows satUSD users and holders to efficiently and easily move satUSD across various chains without leaving River’s protocol interface.
Stargate Finance is a recognised omnichain liquidity transfer protocol built on LayerZero, an interoperability network that allows efficient multichain communication without undermining decentralization or security. By using LayerZero’s messaging architecture, Stargate offers safe, real-time, and native asset bridging across different blockchains.
The partnership above allowed satUSD to use LayerZero’s OFT standard to eliminate liquidity fragmentation, enabling token transfers between chains and ensuring rapid, secure, and cost-efficient transactions for both token holders and businesses.
By using LayerZero, satUSD now allows users to seamlessly move their stablecoin tokens between blockchains without relying on centralized platforms. The integration of LayerZero’s OFT standard enables satUSD to natively communicate with other crypto assets across blockchains without wrapped asset smart contracts, security concerns, or risks of middlechain consensus mechanisms. With this tech incorporation, all existing satUSD liquidity pools are now combined, ensuring deep liquidity for customers on all supported blockchains.
Deepening DeFi Cross-Chain Experience
Through its partnership with Stargate Finance, River has unlocked new capabilities of interoperability and cross-chain expansion. By bridging to multiple chains through Stargate’s LayerZero, River is building a foundation for genuinely interconnected Web3 applications.
The integration of Stargate and LayerZero showcases that River is preparing to bring more networks, assets, utilities, and opportunities to its stablecoin ecosystem.
