Interchain Token Service Opens Native-Like Capabilities on 15+ Chains

Interchain Token Service Opens Native-Like Capabilities on 15+ Chains
[PRESS RELEASE – New York, USA, February 6th, 2024] Frax Finance is among the 1st to adopt no-code Interchain Tokens
Axelar network’s Interchain Token Service (ITS) is now live on mainnet and permissionlessly available, allowing any ERC-20 token issuer to create Interchain Tokens with the click of a button.
Interchain Tokens move freely to EVM-compatible blockchains selected by the issuer (up to 15 at present) maintaining the full fungibility and custom functionality of native assets. A suite of smart contracts and developer tools automate cross-chain deployment and supply management functions, for extremely low developer overhead.
Leading projects already adopting Interchain Token Service include Frax Finance, which is integrating ITS into its new layer-2, Fraxtal.
“Integrating Interchain Token Service from the start, the Fraxtal L2 will enable seamless, no-code interoperability for many builders joining at the ground floor,” said Nader Ghazvini, co-founder of Fraxtal and head

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We współpracy z: https://cryptopotato.com/interchain-token-service-opens-native-like-capabilities-on-15-chains/

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