PANews|Jul 29, 2026 15:32
[Brale Launches ION Cross-Chain Interoperability Protocol to Address Liquidity Bottlenecks for Custom Stablecoins]
According to CoinDesk, stablecoin infrastructure company Brale has launched the ION Protocol, which allows participating stablecoins to move across chains by destroying tokens on the source chain and minting an equivalent amount on the target chain, without the need to pre-fund liquidity pools on each supported chain. Brale stated that it currently supports over 100 stablecoin projects across more than 30 blockchains; as the number of custom stablecoins and blockchains increases, the capital required for traditional liquidity pools or wrapped token models will rise correspondingly. ION adopts a burn-and-mint mechanism similar to Circle's CCTP but is designed for any participating stablecoin issuer. The protocol will first launch on testnets in collaboration with partners such as Monad, Rain, Coinflow, Turnkey, Etherfuse, Spark, and Canton, before expanding its deployment.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink