Wanchain Makes Interoperability Breakthrough with New Cardano Bridge Solution

With the Web3 market valued in excess of $3 billion USD, any major breakthrough in blockchain interoperability stands to yield massive potential value. In relation to this, Cardano has remained the most untapped network due to its incompatibility with other public networks. However, this is set to change with the launch of Cardano Bridges, from Wanchain, the creator of the first public decentralized cross-chain bridge.

This groundbreaking solution will enable the blockchain world to harness the full combined potential of the Cardano mainnet and dozens of other networks simultaneously. This development has opened the door to large-scale upgrades for customizable Web3 services, enhanced cross-industry collaboration, and a new level of decentralization.

Cardano Bridges: We are Now Connected

Interoperability to Superpower Web3

Cardano’s supercharged interoperability will now empower the Web3 and blockchain landscape in a way that has never been seen. Developers can now use ADA and other Cardano native tokens with any Web3 application on any EVM-compatible network, enabling users to access the plethora of available apps across different chains without having to leave the decentralized space.

Bridges will also benefit the entire Cardano ecosystem by paving the way for a massive influx of new assets across numerous networks and over users’ freedom of mobility while maintaining a superior level of security.

Bridging the Gap

Making Cardano interoperable with other public networks has long been an issue due to fundamental differences in smart contract environments, programming languages, transaction models, signature schemes, and more.

More Solutions

Cardano Bridges also marks the first time that fiat-backed stablecoins (USDT/USDC) are available on the Cardano mainnet. This timely achievement means that web3 applications and other businesses will benefit further from much-improved liquidity, safer storage, and better security fiat-backed stablecoins have to offer. Additionally, lower asset volatility, transaction costs, and increased access to financial services will benefit individual users.

With its bridging solutions, Wanchain helps the industry grow by giving opportunities for collaborations, frictionless movement of value, and bringing everyone and everything together – all in a permissionless and publicly open manner.