Alchemix adopts xERC20 token standard via Connext to reduce bridging risks

Bridges • July 25, 2023, 8:12AM EDT
UPDATED: November 21, 2023, 7:54AM EST
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Quick Take

  • Alchemix is adopting the xERC20 token standard via Connext, aiming to solve the risks faced by tokens from cross-chain bridges.
  • The new token standard is designed to reduce liquidity costs for token issuers while boosting security.
Alchemix is adopting the xERC20 token standard via Connext, aiming to solve the risks faced by tokens from cross-chain bridges.
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To contact the editor of this story: Tim Copeland at [email protected]

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