Wormhole has become the core interoperability service provider for the stablecoin DBUSD

ChainCatcher news, according to CoinDesk, the blockchain interoperability project Wormhole announced that it has been selected by the stablecoin issuance platform Deep Blue as the core interoperability provider for its 1:1 USD-backed stablecoin DBUSD.

It is reported that the team claims Wormhole NTT (Native Token Transfer) will reduce liquidity fragmentation by preserving the inherent properties of tokens across different chains, which will make Deep Blue's cross-border payments, remittances, and trading services more efficient.