The Celer Network announced via a blog on Wednesday that its cBridge is expanding support for the BRC-20 token bridge. This latest development means that Celer is now connecting the Bitcoin network to the EVM ecosystem seamlessly.
Users will be able to perform cross-chain transfers between BRC-20 and ERC-20 tokens across the Bitcoin network and EVM Chains. Celer said its cBridge is paving the way for a more interconnected and efficient digital asset ecosystem.
Celer Network is an interoperability platform that supports cross-chain fund transfers and generic message passing. CELR, the native token of Celer Network, is down by 3% in the last 24 hours and is currently trading at $0.02081.