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Cross-chain ecosystem cooling down, bridging bottleneck. Over the past two years, various cross-chain solutions have emerged one after another, but security risks and performance bottlenecks remain the biggest challenges. The emergence of chain abstraction technology finally provides a reliable solution to this dilemma.
Recently, a well-known wallet platform's Launch module launched a new project, focusing on chain abstraction stablecoins. This track is indeed hot, after all, cross-chain demand for stablecoins is the largest, and the requirements for liquidity and security are the most stringent. This new project attracted a lot of attention upon launch. Looking at the team and technical solutions, they are indeed quite capable. Being able to carve out something new in the red ocean of stablecoins and directly cut into the wallet side is quite interesting. The market's reaction to it has been good in recent days, making it a temporary subject worth observing.