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Some online are speculating that the rise in Canto price could be attributed to a spike in the volume of Note — the quasi-stablecoin issued by Canto and pegged to USDT/USDC.
Coss-chain bridge Synapse has enabled bridging for an emerging blockchain called Canto. This is the 18th chain to join Synapse’s bridging network, and it’s the first time a Cosmos ecosystem bridge integration has gone live on its platform.