This article discusses the Meson protocol, a cross-chain exchange protocol aimed at facilitating fast and low-cost circulation of stablecoins between public chains. Despite the challenges faced by cross-chain technology, the article also emphasizes the importance of addressing these issues and moving towards a more ideal crypto world.

Chainge is a cross-chain aggregator that provides financial freedom through secure and automated banking services. It offers customized finance, seamless user experiences, and connects users with their financial networks.

The recent announcement from Circle about the mainnet availability of their Cross-Chain Transfer Protocol (CCTP) is a significant step towards achieving interoperability across different blockchains. This permissionless protocol enables USD Coin (USDC) to flow natively across supported blockchains, providing an unparalleled level of interoperability, security, liquidity, and simplified user experiences.

Circle has launched a mainnet protocol that enables users to transfer its US Dollar Coin (USDC) between Ethereum and Avalanche. The Cross-Chain Transfer Protocol (CCTP) does not use a traditional bridge but instead destroys tokens sent to its contract and issues new ones on the receiving network. Users can redeem the new tokens for bank deposits by depositing them with Circle or its partners. Fragmentation of USDC tokens on various networks is expected to decline and Circle anticipates the protocol will improve liquidity and capital efficiency in DeFi. The largest cross-chain protocols have pledged to use CCTP, including Celer, Hyperlane, LayerZero, LI.FI, MetaMask and Wormhole.

In this report, we will provide a detailed introduction to ZetaChain's cross-chain mechanism, and make a detailed comparison between existing cross-chain technologies and ZetaChain's Omnichain functionality to guide readers in-depth understanding ZetaChain.

Cross-chain automated market maker Symbiosis has integrated layer-2 scaling protocol zkSync to improve speed and reduce fees of token swaps on its platform. The integration of zkSync enables one-click swaps from Ethereum, Polygon, Avalanche, BNB, Telos, and other blockchains into zkSync and back, while also supporting any-to-any native swaps. The additional functionality also removes the need for users to switch between different wallets and interfaces. Symbiosis co-founder Nick Avramov believes that ZK rollups could outcompete optimistic rollup solutions and that cross-chain players and interoperability layers must support ZK solutions as soon as possible. Symbiosis has processed over $100 million in total transaction volume in stablecoins, serves over 12,000 unique wallet addresses, and an average of 3,000 daily transactions.

UXUY, a new project focused on building disruptive solutions for Web 3.0, has announced the participation of four prominent investors in its seed round of fundraising.

Cross-chain platform Allbridge will begin compensating users that were affected by the recent bridge exploit. Users who had their transactions stuck following the exploit will be prioritized for repayment. 

Put simply, cross-chain swaps are a mechanism for trading a token issued on one blockchain with a token that’s been issued by a different blockchain in a trust-minimized manner.

Radiant Capital is a native lending protocol on Arbitrum, similar to AAVE and Compound. However, unlike traditional lending protocols, Radiant's lending service includes cross-chain functionality.