BNB Chain has launched a new cross-chain bridge in partnership with Celer, deBridge, and Stargate to enhance blockchain interoperability. The Binance-backed BNB Chain unveiled "BNB Chain Bridge" to improve cross-chain transactions.
The new bridge, developed with Celer, deBridge, and Stargate, aims to streamline the transfer of assets across different blockchain networks. BNB Chain also introduced a liquidity pool to support these transfers, integrating Celer’s state channel-based network, deBridge’s interoperability framework, and Stargate’s liquidity solutions.
“Through its commitment to consistent access to ample liquidity, BNB Chain Bridge will provide an enhanced user experience,” stated BNB Chain. The bridge ensures quick and competitive asset bridging rates to the BNB Chain.
BNB Chain Expands Blockchain Infrastructure
The launch follows the development of BNB Chain Fusion, transitioning staking and governance from BNB Beacon Chain to BNB Smart Chain for optimized efficiency.
Simultaneously, BNB Chain’s Most Valuable Builder Program received over 700 applications, accepting under 2%. Recently, Binance Labs invested in four out of 13 standout teams selected for their web3 innovations.
BNB Chain’s efforts in enhancing blockchain interoperability and infrastructure aim to meet future technological demands and provide efficient liquidity solutions.
