Hassan Maishera
On Wednesday, the Wormhole team announced via X that Transfero has chosen Wormhole as its exclusive interoperability provider for its emerging markets stablecoin suite, which includes $BRZ, $ARZ, and $CLZ.
Wormhole's NTT framework will allow these stablecoins to operate natively across multiple chains. Transfero is a leading fintech company specializing in stablecoins for emerging markets currencies, with $BRZ being the largest non-USD stablecoin globally.
By leveraging NTT as its core interoperability framework for its stablecoin suite, Transfero will eliminate the need for wrapped tokens, unify liquidity across chains, preserve native token properties, and enable seamless multichain expansion.
This integration will help Transfero expand its emerging markets stablecoins across multiple chains, significantly increasing accessibility and utility for $BRZ (Brazilian Real), $ARZ (Argentinian Peso), and $CLZ (Chilean Peso) users.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.2578, up 11% in the last 24 hours.
