Connecting Canto to other major blockchains has been one of the key challenges for adoption. Before the Synapse bridge integration, the Cosmos Gravity Bridge was the only means of transporting items onto Canto.
It’s the first time a Cosmos ecosystem bridge integration has gone live on the platform, and this chain is the 18th to join its bridging network.
Now that Synapse is hosting a stableswap pool for all of the connected chains, users can seamlessly bridge stablecoins into Canto. The native stablecoin within the Canto ecosystem, NOTE, is given to users who bridge into Canto and is used throughout their native DeFi apps.
Cosmos is the foundation upon which Canto is based, enabling developers to create their own chains. By having a natively integrated decentralized exchange and lending market that is both free to use for users, it is taking a novel approach to scaling.
The Synapse integration of Canto makes it possible for apps from other chains to be deployed on its network.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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