Wormhole: Has become the core interoperability service provider for the stablecoin DBUSD

Odaily News According to official news, the blockchain interoperability project Wormhole announced that it has been selected by the stablecoin issuance platform Deep Blue as the core interoperability provider of its 1:1 US dollar-backed stablecoin DBUSD. The team said that Wormhole NTT (Native Token Transfer) will reduce liquidity fragmentation by retaining the inherent properties of tokens on different chains, which will make Deep Blue's cross-border payment, remittance and transaction services more efficient.