Wormhole launches the intention protocol suite Wormhole Settlement

ChainCatcher news, Wormhole has launched the Solana-based intent protocol suite Wormhole Settlement, enabling rapid cross-chain transfers at an institutional scale. Wormhole Settlement consists of three complementary protocols: the Liquidity Layer (an institutional-grade intent protocol built on Solana), Mayan Swift (an on-chain auction intent protocol optimized for speed), and MCTP (a protocol combined on top of Circle's CCTP). By integrating Wormhole Settlement, developers can now allow users to exchange assets with high reliability and complete composability.