Hassan Maishera
On Monday, the Wormhole team announced via a blog post that Wormhole Settlement is now live on Orda's network. Wormhole Settlement brings three complementary protocols to Orda’s architecture:
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Wormhole Liquidity Layer - a cross-chain transfer protocol using Solana as a central hub for cross-chain intents, so solvers can deploy liquidity from a single hub rather than splitting it across chains.
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Mayan Swift - a flexible cross-chain intent protocol with an on-chain auction that finds the best execution for each user intent.
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Mayan MCTP - a cross-chain intents protocol that leverages Circle’s CCTP and Wormhole messaging for secure, cost-efficient transfers across chains.
In the initial rollout, Wormhole supports solver-based BRL/USD execution across stablecoins like BRZ, AUSD, USDT, and USDC, unlocking directional flow between local Brazilian liquidity and global USD markets. With Wormhole’s Native Token Transfers (NTT), orda can reduce fragmentation in stablecoin issuance, so assets like AUSD and BRZ can be minted once and used natively across supported chains.
Wormhole is a leading interoperability platform powering multichain applications and bridges at scale. Wormhole’s modular suite of open-source, permissionless protocols and tools is being used by multichain builders to create some of the most popular web3 applications. W is trading at $0.0632, up 13.6% in the last 24 hours.
