cardano Blockchain startup Staking Rocks, which provides staking services to its users, offers a new feature to its users. Thanks to the new bridge designed by Staking Rocks developers Binance USD (BUSD) can now be transferred between ADA and BNB networks.
In the announcement, the developers emphasized that the stablecoin of the Binance exchange, BUSD, is now active on the Cardano mainnet.
$BUSD has landed on #Cardano mainnet. 👌
More details very soon. https://t.co/NerAiAixqU pic.twitter.com/w1gPwSUZFL
— PHRCK | Cardano stake pool (@PHRCKpool) January 23, 2023
BUSD variant to be traded on the ADA network fmBUSD The token became active on the Cardano network the other day. The name of the bridge to be used between the two networks is known as fintum.
Fintum bridge is currently undergoing a public beta testing process. The developers will give a detailed description of the project in the coming days.
Staking Rocks invited crypto users to participate in the beta testing, emphasizing that the team continues to work at full speed for the new network bridge. Speaking on Twitter about the issue, Cardano influencers believe that this initiative will make a great contribution to the network.
However, some of the ADA community does not take kindly to bridge initiatives. The most important reason for this is based on past bad experiences. hackers, blockchain The industry’s biggest game, Axie Infinity’s Ronin Bridge, stole millions of dollars last year.
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