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Recently, River @River4fun's satUSD cross-chain interoperability feature has been officially launched, greatly improving daily usability.
Relying on the advanced technology support from Stargate Finance and LayerZero, satUSD now achieves seamless circulation across more than 8 mainstream blockchains without the need for additional token wrapping or bridging operations, preventing asset liquidity fragmentation and making cross-chain transfers simpler and more efficient.
The all-chain CDP system launched by @RiverdotInc further enhances user experience. Users can collateralize assets such as BTC, ETH, BNB, or various LSTs on any supported blockchain and directly mint satUSD on other blockchains, with no need to transfer or perform additional cross-chain operations on the original collateral.
Moreover, staking satUSD automatically converts to satUSD+, allowing users to continuously earn protocol rewards during the holding period.
Currently, the total locked value of satUSD has exceeded $320 million, with a circulating supply surpassing 200 million tokens, covering multiple mainstream blockchains and receiving widespread recognition from institutions and the community. The overall operation remains stable and reliable.
#River @RiverdotInc @River4fun