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Allbridge
What is Allbridge?
Allbridge is a blockchain bridge that connects various blockchain networks, including both EVM (like Ethereum, Polygon, BSC) and non-EVM (like Solana, Stellar) compatible chains. Launched in July 2021 within the Solana ecosystem, it facilitates the transfer of assets across different blockchains.
Key features
- ✅ Stablecoin swaps: Simplifies cross-chain stablecoin transfers.
- ✅ Multiple messaging protocols: Supports Wormhole, CCTP, and more.
- ✅ Fast transfers: Quick and efficient asset movement.
What does Allbridge do?
Allbridge enables seamless asset transfers between different blockchain networks. It started with Solana but has expanded to support over 20 chains, including EVM and non-EVM chains. The platform offers products like Allbridge Classic for general asset transfers and Allbridge Core, which focuses on cross-chain stablecoin swaps, making the process simpler and faster for user.
Why is Allbridge unique?
Allbridge is unique due to its versatile bridging capabilities, supporting both EVM and non-EVM chains. It offers simplified stablecoin swaps through Allbridge Core, avoiding the need for wrapping tokens. The platform integrates multiple messaging protocols like Wormhole and Circle’s CCTP, providing users with flexibility and reliability in their transactions.
Pricing
Allbridge charges a dynamic fee for each transfer, which can be reduced by staking the ABR token.
Frequently Asked Questions
Allbridge is a cross-chain infrastructure platform that enables the seamless transfer of assets between EVM and non-EVM blockchains, including Solana.
Allbridge allows users to bridge tokens and coins quickly and securely between networks like Ethereum, Solana, Tron, NEAR, Avalanche, BNB Chain, and others.
Allbridge supports 25 blockchains, including both EVM and non-EVM compatible chains, facilitating a wide range of cross-chain interactions.
Yes, Allbridge has undergone security audits by reputable firms such as Hacken, Kudelski Security, and Cossack Labs, ensuring the platform's reliability and protection of users' funds.
