Owlto Announces Product Strategy Upgrade to Drive Cross-Chain Infrastructure Centered on USD1 Stablecoin
Odaily Planet Daily – Cross-chain protocol Owlto Finance has announced an upgrade to its product strategy, aiming to drive multi-chain interoperability infrastructure centered around the USD1 stablecoin project (@worldlibertyfi), which is backed by the Trump family. The upgrade will focus on three main directions:
1. Achieving full cross-chain circulation of USD1;
2. Allowing USD1 holders to stake on any chain and withdraw from any chain, while earning cross-chain transaction fees and additional compound returns from other DeFi protocols;
3. Upon the passage of the “Genius Act,” USD1 will become the core relay asset for cross-chain stablecoin swaps, expanding its ecosystem use cases.
Owlto plans to build cross-chain infrastructure for USD1 and attract a genuine user base, enhancing its on-chain liquidity and competitiveness in the stablecoin market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.
