Hassan Maishera
On Wednesday, the VeChain team announced via X that it has partnered with Wanchain to deploy bridges to over 40 leading blockchains. Through this integration, assets will become transferrable between VeChain and over 40 leading blockchains, including Bitcoin, Ethereum, Solana, BNB Chain, Polkadot, and many more.
Users can freely move assets between VeChainThor and the broader crypto ecosystem, unlocking new avenues for liquidity and utility. The new bridge brings wrapped USDT and USDC to VeChainThor, enabling new trading pairs, liquidity pools, and functionality from the world’s leading stablecoins.
VeChain Thor (VET) is a blockchain with the posited goal of solving real-world economic problems. VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities. VET is up 4.6% today and is currently trading at $0.03002.
Wanchain is a decentralized blockchain interoperability solution that aims to drive blockchain adoption through interoperability. The project aims to build decentralized bridges to connect the various blockchain networks. WAN is up 2.9% and trades at $0.1287.
