Eco Brings Unified USDC Routing to Stargate, Streamlining Cross-Chain Liquidity
Eco, a liquidity layer that enables stablecoins to work anywhere onchain, has partnered with Stargate, one of the leading crypto bridge apps, to bring unified USDC routing to its network. This integration will allow Stargate users to swap USDC for supported destination tokens across chains at a guaranteed price.
The partnership aims to address the growing issue of liquidity fragmentation across chains, which has become increasingly prevalent as stablecoins become embedded in a wider number of applications and financial products. Eco's routing layer will handle the conversion and settlement automatically, making it easier for users and applications to access the asset they want without having to navigate multiple bridges, exchanges, and settlement systems.
Ryne Saxe, Co-Founder and CEO of Eco, stated that 'stablecoins are becoming available everywhere, but that doesn’t automatically make the liquidity behind them easy to use.' He added that the next phase of this market is about making all of that liquidity behave like one connected system.