Stables Labs has launched the Base network, with cross chain technology support provided by Axelar

BlockBeats News: On August 4th, Stables Labs, the developer of the stablecoin issuance protocol usdx.money, announced that it has launched the Base network and partnered with cross chain interoperability protocols Axelar and Squid to provide seamless cross chain access for USDX and sUSDX on the Base chain. The next steps announced by Stables Labs include: ·Cross chain integration utilizes Axelar and Squid to bridge USDX/sUSDX across chains to Base, ensuring secure delivery of packaged assets for comprehensive auditing, testing, and continuous monitoring ·Initiate liquidity construction on Balancing and launch V3 liquidity pool: USDX/sUSDX/aaveUSDC (in a 1:1:1 ratio) to provide initial liquidity+strong liquidity providers (LP) to incentivize community activities to promote early adoption. During Phase 10 (Epoch 10), provide a 20% S-Points bonus