Wormhole, Stacks Integration!
STX and sBTC are finally going to catch the hen that has come out into the yard. Through the Wormhole NTT, Stacks tokens will be able to go beyond the Stacks network to Solana and Sui.
In the past, there were PRs stating that sBTC would expand to Solana/Sui/Apptos! But there was a question of 'So how will that happen?' However, with this Wormhole announcement, we are starting to see some clarity.
Wormhole NTT stands for 'Native Token Transfer,' and unlike traditional cross-chains that require some liquidity for the token on both chains involved in the transfer, Wormhole NTT allows for a clean token transfer without such requirements. Moreover, even if STX exists on other chains, it has the liquidity to ensure that these tokens are perfectly compatible with the existing governance system!
Although Stacks has been considered a Bitcoin L2, it has certainly felt like a remote island. I hope that this Wormhole integration will allow liquidity to flow much more freely!
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