- Lenfi expands its offerings by proposing support for USDC, USDT, and BTC markets on the Cardano blockchain.
- Wanchain’s role is crucial in enabling seamless cross-chain connections between Cardano and other networks.
- This move reflects Cardano’s commitment to decentralization and growth, benefiting users with improved liquidity and accessibility.
Lenfi, a decentralized lending and borrowing protocol on the Cardano blockchain, has introduced a new proposal that adds support for $USDC, $USDT, and BTC markets. If the proposal is passed by the members, then users will be able to trade these tokens on the blockchain. In this proposal, the role of Wanchain is extremely important and should be considered. So, let’s find out more!
Wanchain is an established extensive network of decentralized blockchain connections that features direct and non-custodial cross-chain bridges. These bridges facilitate seamless connections between both EVM and non-EVM networks, all without the need for any centralized intermediaries. Wanchain has recently rolled out multiple bridges to Cardano, enabling the integration of Cardano’s mainnet with prominent networks such as Bitcoin, Ethereum, and Arbitrum.
All in all, this is a significant achievement for users and Lenfi. It shows the commitment of a broader Cardano community to decentralization and growth. With USDC, USDT, and BTC markets on Lenfi, benefits like improved liquidity and accessibility are likely.