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River integrates with LayerZero to launch the first Omni-CDP module.
PANews August 21 news, DeFi project River announced integration with LayerZero, launching the first Omni-CDP module that supports cross-chain native minting of the stablecoin satUSD. Users can deposit assets such as BTC, ETH, BNB, or LST on any supported chain and mint satUSD directly on another chain without the need for bridging or wrapping assets, eliminating risks and complexities. satUSD adopts the OFT standard to ensure value uniformity across multiple chains and can be used for DeFi trading, staking, lending, and more than 30 protocols.