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