Today's bridge model won't scale as hundreds of companies issue their own stablecoins, fragmenting liquidity, Brale CEO Ben Milne said in an interview. Stablecoin infrastructure firm Brale introduced ION Protocol, an interoperability system that lets participating stablecoins move across blockchains by burning tokens on one chain and minting them on another. The testnet debut comes amid rapid growth and fragmentation in the stablecoin market, with more than 350 tokens and over $300 bi…
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