Allbridge Core Integrates USDT on Solana Network

馃寜 Solana Gets a New Bridge

By Allbridge Core
Nov 14, 2024, 4:01 PM
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Allbridge Core marked significant developments in October with several key achievements:

  • Successfully integrated USDT support on Solana network
  • Presented platform progress at Meridian 2024 conference
  • Established new strategic partnerships
  • Reached important product metrics milestones

The integration expands cross-chain capabilities for stablecoin transfers, enhancing the platform's bridging infrastructure.​

Want to learn more? Check out the detailed monthly report for comprehensive insights.​

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Read more about Allbridge Core

Allbridge Launches New Blog and Website

Allbridge has expanded its digital presence with two major updates: - **New Blog Launch**: The platform now offers deep dives, technical stories, and educational content, providing behind-the-scenes insights into Allbridge's operations and development. - **Website Refresh**: The landing page has been redesigned with a cleaner layout and improved structure to better highlight product features. Visit the new blog at [allbridge.io/blog](https://allbridge.io/blog) or explore the refreshed website at [allbridge.io](https://allbridge.io)

Stablecoin Market Reaches New Heights at $233B

The stablecoin market has reached a significant milestone with total market capitalization hitting $233 billion. Key developments include: - USDT (Tether) maintains market leadership with 63% share - USDC shows strong growth, now controlling 25.7% of market - Regulatory adoption driving USDC's expansion - New entrant USDe (Ethena) joins top 5 with $6B+ in circulation This growth signals increasing mainstream adoption of digital assets and highlights stablecoins' crucial role in bridging traditional finance with crypto markets. The multi-stablecoin ecosystem continues to evolve, with different tokens serving various market needs.

Solana Cross-Chain Bridge Volume Hits $1.4B Milestone

Solana Cross-Chain Bridge Volume Hits $1.4B Milestone

AllbridgeCore reports $1.4 billion in total bridged volume between Solana and various blockchain networks, marking significant growth in cross-chain activity. The milestone highlights increasing adoption of Solana's ecosystem for inter-blockchain transfers. This volume has remained stable since October 2024, when the platform first reached the $1.4B mark. - Solana maintains position as preferred chain for AllbridgeCore users - Volume indicates sustained trust in cross-chain infrastructure - Stable growth pattern observed over recent months

Allbridge Core Reaches $2B in Total Volume

Allbridge Core Reaches $2B in Total Volume

Allbridge Core, a cross-chain bridging protocol, has achieved $2 billion in total transaction volume. This represents significant growth from their previous milestone of $1.4 billion reported in October 2024. Key metrics: - Current volume: $2 billion all-time - Previous milestone: $1.4 billion (October 2024) - Growth: $600 million in ~2 months The platform continues to show steady adoption in cross-chain transfers.

Allbridge Core Team Member Heading to Devcon 2024

Allbridge Core Team Member Heading to Devcon 2024

**@avelykyy** from the Allbridge Core team will be attending **Devcon 2024**. - Team encourages community members to connect during the event - Opportunity for in-person meetings and discussions - Attendees can reach out directly to @avelykyy or the team *Looking to meet? Drop a line to coordinate meetups during the conference.*

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