Multichain Partners with BitTorrent Chain
Build USDD multi-chain architecture
We began working with the BitTorrent Chain on cross-chain USDD transfers with the other 4 EVM blockchains (Ethereum, Fantom, Avalanche, BNB Chain). Today, we strengthen our collaboration to the point where USDD will be able to arbitrarily migrate across another 2 EVM Layer-2 blockchains (Arbitrum, Optimism).
USDD Contract Address — 0xcf799767d366d789e8B446981C2D578E241fa25c
About USDD
USDD is a stablecoin cryptocurrency pegged to the value of the US Dollar. It is issued by TRON DAO Reserve and offers diverse use cases. USDD aims to leverage its mathematical and algorithmic capabilities to make finance accessible to everyone. It will exist permanently and does not rely on any centralized entity.
As a new stablecoin, USDD is of utmost significance to the TRON ecosystem, not to mention the entire digital assets industry. The broader interoperability empowered by Multichain will enable it to smoothly circulate across the multi-chain ecosystem, which will further boost the thriving multi-chain environment.
The support for more tokens to be transferable from the BitTorrent ecosystem through Multichain is within sight, and so is the inclusion of more blockchains in the near future. To benefit the BitTorrent ecosystem, this integration realizes its connection and interaction with the multi-chain ecosystem in a broader sense, further improving the user experience and attracting more users’ attention.
About BitTorrent Chain
BitTorrent Chain (BTTC) is the world’s first heterogeneous cross-chain interoperability protocol, which adopts the PoS (Proof-of-Stake) mechanism and leverages sidechains for the scaling of smart contracts. It now enables interoperability with the public chains of Ethereum, TRON, and BNB Chain. Fully compatible with EVM, BitTorrent Chain facilitates the seamless transfer of assets across mainstream public chains.
About Multichain
On July 20th, 2020, Multichain was born as Anyswap out of the evident need for distinct and diverse blockchains to communicate with one another. Multichain improves interoperability across different networks and actualizes smooth asset and value transfers as a cross-chain architecture. It is the leading cross-chain communication protocol, with an ever-growing family of non-EVM and EVM chains (currently 48)
