Hassan Maishera
The Ontology team announced in a Medium post on Tuesday that it has partnered with the Celer Network. With the partnership, Celer Network has implemented bridging support for Ontology Ethereum Virtual Machine (EVM). As a result, users can bridge USDT, USDC, ETH, and WBTC via the Open Canonical Token Standard between ETH and Ontology EVM in a fast, secure, and low-cost fashion. Celer Network added that it will add support for more tokens moving forward.
Ontology is a high-performance public blockchain and distributed collaboration platform. Ontology aims to solve the trust problem with blockchains, with a prime focus on identity security and data integrity issues.
ONT token is down by more than 4% in the last 24 hours and now trades at $0.1899.
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 more than 5% in the last 24 hours and is currently trading at $0.01511.
