From BigGo Finance · BigGo Finance · · 1m 20s
Stellar Launches Ethereum Bridge via VIA Labs
VIA Labs enables Stellar's Soroban to communicate with Ethereum contracts bidirectionally on mainnet.
In brief
VIA Labs enables Stellar's Soroban to communicate with Ethereum contracts bidirectionally on mainnet. VIA Labs launched a two-way bridge connecting Stellar's Soroban smart contracts to Ethereum, supporting token transfers and contract coordination. Originally reported by BigGo Finance.
VIA Labs Launches Mainnet Cross-Chain Messaging
VIA Labs has launched mainnet cross-chain messaging for Stellar's Soroban smart contracts to communicate bidirectionally with Ethereum contracts.
System Supports Token Transfers and Contract Coordination
The system enables token transfers, coordinated contract actions, and applications for stablecoins or tokenized real-world assets.
Reference Token VIAT Uses Burn-and-Mint Design
VIAT, a reference token, uses a burn-and-mint method to maintain consistent supply across chains with transfers completing in one to three minutes.
VIA Waives Protocol Fee on Stellar Routes During Launch
VIA waives its protocol fee on Stellar routes for the launch period, with relayers absorbing costs on the receiving side.
VG1 Contracts Audited by Hashlock
The deployment uses VG1 contracts audited by security firm Hashlock, requiring messages to originate from contracts rather than wallets.
Launch at Stellar's Meridian Conference in Lisbon
VIA Labs unveiled the deployment on October 28 at Stellar's Meridian conference in Lisbon, Portugal.
Securitize Adds Stellar as 17th Blockchain
Securitize plans to add Stellar as its 17th supported blockchain for regulated assets, working with BlackRock, Apollo, and Hamilton Lane.
The key point
VIA Labs launched a two-way bridge connecting Stellar's Soroban smart contracts to Ethereum, supporting token transfers and contract coordination.
