Token

SushiSwap

Axelar

<html>
 <head></head>
 <body>
 Cross-chain interoperability protocol <a target="_blank" href="https://tokeninsight.com/en/coins/axelar/overview" rel="noopener noreferrer nofollow">Axelar</a> announced the launch of Interchain Token Service, which aims to enhance the interoperability of ERC-20 tokens across EVM compatible chains. 
 The service is a product suite to mint and manage Interchain Tokens, which provide tokens cross-chain fungibility and custom functionality. Tokens using Interchain Token can avoid security risks and compatibility issues brought by the bridged token versions. 
 According to Axelar, <a target="_blank" href="https://tokeninsight.com/en/coins/sushiswap/overview" rel="noopener noreferrer nofollow">SushiSwap</a> has adopted Interchain Token to facilitate seamless interaction of $SUSHI across multiple chains. SushiSwap CEO Jared Grey said, "Axelar's Interchain Token Service unlocks a more seamless, interchain experience for Sushi users. Currently, there are many bridged versions of $SUSHI that lack fungibility and carry bridge risk. With Interchain Tokens, Sushi can achieve true cross-chain interoperability, simply and securely." 
 &nbsp; 
 <a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies" rel="noopener noreferrer nofollow">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com" rel="noopener noreferrer nofollow">news@tokeninsight.com</a>. Your trust will be well respected.
 </body>
</html>

Axelar Launches Interchain Token Service to Improve Interoperability, with SushiSwap Adopting

TokenInsight

Other articles published on Jul 18, 2023

Tron TRX Prepares for Another Upgrade, Tradecurve To Revolutionize the DeFi Trading

Celsius bankrupt, allocates $24 million for legal expenses

Shinhan Bank Uses This Altcoin Network For Cross-Border Payments!

Why Is The Bitcoin Price Falling? Under $30,000 Seen!

Crypto Bulls Seek to Expand Gains in the First Half of the Year

Polygon Powers the Future of Payments with GnosisPay: Fast, Secure, and Seamless Transactions

Join our free newsletter for daily crypto updates!