On Friday, the Wormhole team announced via X that Wormhole now powers Solayer’s $sUSD cross-chain deposit. This enables seamless access to $sUSD with an optimized flow. $sUSD is the first-ever yield-bearing stablecoin on Solana pegged to USD and backed by T-bills.
Developed with Mayan and powered by Wormhole, this integration facilitates accessibility to the RWA ecosystem at scale.
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 $0.1740, down 1.5% in the last 24 hours.