Close Menu
    Facebook X (Twitter) Instagram
    Sunday, July 6
    X (Twitter) Instagram LinkedIn YouTube
    Chain Tech Daily
    Banner
    • Altcoins
    • Bitcoin
    • Crypto
    • Coinbase
    • Litecoin
    • Ethereum
    • Blockchain
    • Lithosphere News Releases
    Chain Tech Daily
    You are at:Home » Telos taps Stargate, Circle and BitGo to unlock liquidity and DeFi growth
    Crypto

    Telos taps Stargate, Circle and BitGo to unlock liquidity and DeFi growth

    James WilsonBy James WilsonMarch 26, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Telos has integrated with several platforms across the crypto ecosystem as it looks to unlock cross-chain liquidity and decentralized finance opportunities.

    The Telos Foundation announced the expansion via X, noting that Telos now leverages the technology and solutions of Stargate, BitGo, and Circle to enhance network security, accessibility, and liquidity.

    Specifically, Telos is tapping into Stargate, a cross-chain liquidity protocol built on LayerZero, to enable multi-chain native asset transfers. This integration will allow users to bridge tokens between Telos and 30 other networks, opening new opportunities in a multi-chain decentralized finance ecosystem.

    Other integrations include with Hydra, a part of Stargate v2 to bring assets such as wrapped Bitcoin (wBTC), USDC (USDC) and Tether (USDT) to Telos. 

    “By bringing high-value, widely used tokens to Telos, Hydra enhances liquidity accessibility and fosters deeper DeFi engagement,” Telos Foundation wrote.

    Telos’ wBTC and USDC integration is via BitGo and Circle, with the two companies among top ecosystem providers. Partnering with BitGo not only brings wBTC to Telos, but also ensures this happens with the support of a provider that can unlock liquidity for institutional access on the platform. 

    Circle allows for a bridged version of its USDC stablecoin to go live on Telos, with this offering the option for native USDC to deploy on the Telos mainnet. 

    According to DeFiLlama, the total value locked in DeFi protocols on Telos is currently around $16.6 million. The Telos TVL is spread across decentralized exchanges, lending protocols, real-world asset platforms and liquid staking providers among others.

    Telos Foundation said in the announcement that the upgrades and integrations it has secured will be crucial to the Telos blockchain’s interoperability and footprint in DeFi. 

    “The road is now open for massive liquidity to flow into the ecosystem, making Telos a prime destination for DeFi users and developers,” it noted.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHyperliquid removes JELLY amid market manipulation accusations, promises refunds
    Next Article Pi Coin price down; BlockDAG launches retroactive bonus and SHIB stalls
    James Wilson

    Related Posts

    Why Bitcoin Miners Should Join the Green Movement

    July 6, 2025

    How Sami Lost $5000 to Freewallet

    July 6, 2025

    Top 10 Hotjar Alternatives – CoinCodeCap 2025

    July 6, 2025
    Leave A Reply Cancel Reply

    Don't Miss

    Why Bitcoin Miners Should Join the Green Movement

    How Sami Lost $5000 to Freewallet

    Top 10 Hotjar Alternatives – CoinCodeCap 2025

    Altie – The Ultimate Friend To Your Crypto Journey – Official Reveal (July 2025)

    About
    About

    ChainTechDaily.com is your daily destination for the latest news and developments in the cryptocurrency space. Stay updated with expert insights and analysis tailored for crypto enthusiasts and investors alike.

    X (Twitter) Instagram YouTube LinkedIn
    Popular Posts

    Why Bitcoin Miners Should Join the Green Movement

    July 6, 2025

    How Sami Lost $5000 to Freewallet

    July 6, 2025

    Top 10 Hotjar Alternatives – CoinCodeCap 2025

    July 6, 2025
    Lithosphere News Releases

    AGII Refines Sync Performance Across Chains to Boost Response Efficiency

    July 4, 2025

    Imagen AI (IMAGE) Developer to Enable Ripple Labs Stablecoin RLUSD for Service Payments

    July 3, 2025

    Imagen Network Begins Strategic Expansion with Bitcoin-Funded AI Infrastructure Rollout

    July 2, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.