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.​

Sources
Read more about Allbridge Core

Allbridge Classic Disables Four Chains March 25

Allbridge Classic Disables Four Chains March 25

Allbridge is phasing out support for four blockchain networks on its legacy Classic bridge as part of a transition to a new architecture. **Chains being disabled on March 25:** - Koii - Avalanche - Celo - Near **Action required:** Users holding wrapped tokens on these chains must bridge them back to their original networks before March 25 to avoid technical difficulties. The legacy architecture uses wrapped assets that need to be returned to source chains. [Bridge assets here](http://allbridge.io/classic)

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Allbridge Core Enables Native Stablecoin Transfers Across EVM and Non-EVM Chains

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Allbridge Releases November Report with Deposit Addresses and ABR0 Updates

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Allbridge Core Launches Multi-Chain DAO Treasury Management with Automated Deposit Routing

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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.

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