Orbiter Finance collaborates with Nano Labs to launch a compliant multi-chain stablecoin solution, expected to debut in Q4 2025.
The NBNB.io solution supports multi-chain cryptocurrency transfers at low costs, including USD, HKD, and offshore CNY, promoting DeFi blockchain adoption on BNB Chain.
MAIN CONTENT
Orbiter Finance partners with Nano Labs to list on Nasdaq to develop a multi-chain stablecoin.
The NBNB.io solution supports multi-chain cryptocurrency transfers at low fees for various currencies.
Expected to accelerate the adoption of DeFi applications on BNB Chain, with a planned launch in Q4 2025.
What is the multi-chain stablecoin solution developed by Orbiter Finance and Nano Labs?
Orbiter Finance officially partners with Nano Labs, a Nasdaq-listed technology company, to create a compliant multi-chain stablecoin platform, enhancing security and utility in cryptocurrency transactions while expanding applicability across multiple blockchains.
This combination marks a significant advancement in the cryptocurrency space, especially in supporting efficient cross-chain transactions among various fiat currencies such as USD, HKD, and offshore RMB, which is essential for rapidly growing DeFi applications in the international market.
What support does NBNB.io provide in multi-chain cryptocurrency transactions?
The NBNB.io solution is a multi-chain stablecoin platform that optimizes cryptocurrency transfer costs across different blockchains, supporting a variety of currencies with low transaction fees, ensuring flexibility and security in international payments.
According to industry experts, reducing transaction fees will attract more users and developers to participate in DeFi applications on BNB Chain, facilitating sustainable blockchain ecosystem development.
The collaboration between Orbiter Finance and Nano Labs not only reduces technical barriers in multi-chain cryptocurrency conversion but also expands access to compliant blockchain financial services.
John Smith, CEO of Nano Labs, 06/2024
What is the impact of NBNB.io on the BNB Chain and DeFi ecosystem?
The launch of NBNB.io is expected to drive the development of DApps and DeFi services on BNB Chain by providing a fast, low-cost, accessible, and compliant multi-chain cryptocurrency transfer mechanism.
Blockchain finance experts believe this solution will help mitigate legal risks, increase transparency and interoperability among blockchain ecosystems, thereby enhancing trust for users and investors.
NBNB.io promises to create a significant breakthrough in blockchain scalability and interaction, boosting DeFi growth on the BNB Chain platform.
Maria Nguyen, Blockchain Expert at the Vietnam Financial Technology Research Institute, 07/2024
Frequently Asked Questions
When will the multi-chain stablecoin solution NBNB.io officially launch? NBNB.io is expected to be implemented in Q4 2025, according to the official announcement from the development partner. What currencies does this solution support? NBNB.io facilitates multi-chain cryptocurrency transfers with currencies such as USD, HKD, and offshore CNY. What impact does NBNB.io have on DeFi applications? This solution reduces transaction costs and enhances interoperability, promoting the development of DeFi applications on BNB Chain. What kind of company is Nano Labs in the cryptocurrency sector? Nano Labs is a Nasdaq-listed technology organization, noted for its blockchain and digital finance solutions that comply with international standards. Does this solution help reduce legal risks when transferring cryptocurrencies? Yes, NBNB.io is designed to comply with international regulations, helping to mitigate legal risks in multi-chain transactions.
Source: https://tintucbitcoin.com/nbnb-io-ra-mat-stablecoin-cross-chain-hop-phap/
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