Ardana Welcomes Elrond Network’s EGLD Native Token As Cross-Chain Collateral For Stablecoins
We are thrilled to announce that we have reached a long term strategic partnership with Elrond. Their native token EGLD will become one of the first cross-chain assets to collateralize stablecoins on our platform.
Ardana will build the bridge infrastructure required for asset transfer between Cardano and Elrond. This will allow us to connect the two ecosystems and support integrations between projects on both blockchains enabling token transfers between the Elrond mainnet and Cardano compatible chains, and later on enable cross-chain smart contract functionality.