In a recent development, Wanchain, the technology partner of VeChain for cross-chain bridges, deployed a new bridge between VeChain and Arbitrum. The integration allows quick and fast transfers of ETH, USDT, and USDC between the two networks. This move further expands the cross-chain functionality for users and developers.
The project announced its support for Wanchain’s newly completed bridge to the Arbitrum network. The platform called the development an important step toward broader Web3 interoperability. As per VeChain, this integration reflects ongoing progress in connecting ecosystems across the decentralized landscape.
The blockchain collaborated with Wanchain to build a new cross-chain bridge technology. This bridge enables asset transfers between the VeChain network and more than 40 major blockchains, including Bitcoin and Ethereum.
The integration is designed to extend VeChain’s capabilities into decentralized finance by allowing stablecoins such as USDT and USDC. Besides, it also allows other crypto assets to move freely across networks.
According to the project, the bridge supports connectivity to leading decentralized exchanges. Besides, it creates new trading opportunities and expands VeChain’s application ecosystem. The initiative is aimed at fostering a more interconnected blockchain environment and accelerating the network’s entry into broader DeFi markets.
Moreover, Wanchain’s bridge-to-earn model allows users to earn rewards for completing different cross-chain tasks without lockups. It also promotes liquidity growth to boost the ecosystem strength, as mentioned in our earlier story. Cross-chain bridges are crucial in the crypto world to boost liquidity as well as lead to sustainable Web3 adoption.
This week, there have been some major developments within the ecosystem, with the most important being the rollout of the Hayabusa upgrade. Following the upgrade, VeChain has moved to a Delegated Proof-of-Stake (DPoS) model. Thus, it allows VET holders to stake their tokens and delegate them to network validators rather than remaining passive participants.
Moreover, the upgrade also introduces a redesigned token-economic model. Instead of VeChain’s previous fixed VTHO issuance structure, Hayabusa links VTHO generation and reward distribution to active staking behavior, delegation decisions, and overall network participation.
In addition to this, the project also unveiled the StarGate 2.0 upgrade on the platform, which brings some key features within the ecosystem. This includes increased decentralization, higher reward APYs, reduced VTHO inflation, improved economic activity across the network, and predictable low-cost fees
