Allbridge Core

**Allbridge is phasing out its legacy Classic bridge architecture**, with Polygon becoming the first blockchain to be disabled on **February 15, 2026**. **Action Required:** - Users holding assets wrapped by the Classic bridge must bridge them back to their source chain - Withdraw original tokens before the February 15 deadline - Check wallets now to avoid technical difficulties after interface shutdown This transition is part of Allbridge's shift toward its new architecture. The company announced the change in mid-January, providing approximately one month for users to complete the withdrawal process. Additional blockchains will be phased out as the migration continues.

Allbridge Core is running a **$2,000 prize pool campaign** for users bridging assets to Stellar. The reward structure is tiered based on bridge volume: - Bridge **$50+** → earn **$10** - Bridge **$100+** → earn **$10** - Bridge **$500+** → earn **$20** - Bridge **$1,000+** → earn **$50** This campaign focuses exclusively on bridging activity to the Stellar network. Users can participate by transferring assets through Allbridge Core's cross-chain bridge infrastructure. The initiative aims to increase liquidity and adoption on Stellar by incentivizing larger bridge transactions with proportionally higher rewards.

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.

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, 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.

**@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.*

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.