Allbridge Core Reaches $2B in Total Volume

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)

Allbridge Core provides a cross-chain bridge for native stablecoins without wrapped tokens. The protocol connects EVM and non-EVM chains through a single interface. **Key features:** - Native stablecoin transfers with no wrapped tokens - Automatic destination gas included in transfers - Native liquidity pools designed to reduce impermanent loss - Multiple routing options: USDC via CCTP or pool-based swaps - Direct cross-chain swaps without intermediaries The platform recently surpassed $10M in bridged volume on Sui Network, demonstrating growing adoption across multiple blockchain ecosystems.

Allbridge has published its November progress report highlighting several key developments. **Major Updates Include:** - New deposit addresses functionality - ABR0 reveal and implementation details - Achievement of new operational milestones The report covers progress across multiple areas of the platform's development. Users can access the full report and technical implementation details through the provided links. [Read the full November report](https://bit.ly/4rtCsol) [Explore implementation details](https://bit.ly/4rBaLdc)

**Allbridge Core** has introduced **Deposit Addresses** for DAO treasury management, allowing organizations to streamline multi-chain operations. **Key Features:** - Assign unique deposit addresses for each blockchain - **Automatic routing** of inflows to main treasury wallet - Eliminates manual wallet juggling and bridging - Supports stablecoins across multiple chains The solution addresses a common pain point for DAOs managing assets across different blockchains. Instead of monitoring multiple wallets, treasurers can now use a single system that consolidates all incoming funds. **Benefits for Organizations:** - Simplified treasury operations - Reduced operational overhead - Seamless cross-chain payment acceptance - Automated asset consolidation This builds on Allbridge Core's existing infrastructure for cross-chain stablecoin bridging between EVM and non-EVM networks. [Learn more about Deposit Addresses](https://bit.ly/4pmSKgJ)

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.