logo

Stargate Brings Cronos Closer to the Omnichain Future

By: bitcoin ethereum news|2025/05/12 15:30:10
0
Share
copy
Cronos users now enjoy instant 1:1 cross-chain transfers with finality, unlocking seamless DeFi movement between 50+ blockchains. Stargate gives Cronos access to Hydra and unified liquidity, supporting secure, scalable omnichain dApp development. Cronos Chain has finally officially joined the Stargate ecosystem, a cross-chain network built on LayerZero. This move immediately connects Cronos—which already has over 500 DeFi applications, NFTs, and Web3 games—to over 50 other blockchains. Just imagine, this previously isolated network can now send and receive assets from Ethereum, Arbitrum, Optimism, to Base, without any hassle and without size limits. Stargate has integrated @cronos_chain , a top 20 chain by DeFi TVL. Home to 500+ DeFi, NFT, and Web3 gaming apps, Cronos is now fully connected to the Omnichain via Stargate’s Hydra. Now connected to a unified liquidity network of $600m, users on Cronos get low-cost,... pic.twitter.com/s1SxK5xZbZ — Stargate (@StargateFinance) May 9, 2025 Instant Finality Comes to Cronos via Stargate Even more interestingly, Cronos users can now take advantage of instant 1:1 cross-chain transfers. This feature is not new to Stargate, but it is only now that it can be fully enjoyed by the Cronos ecosystem. This means that when you send ETH from another network to Cronos, you actually receive the same ETH—not wrapped or counterfeit tokens. The system ensures immediate finality, so there is no need to wait long or worry about getting stuck in the middle of the road. This provides a sense of security for users and allows dApp developers to build cross-chain applications without having to re-architect their backend logic. Cronos Taps Into Omnichain Power With Hydra Access On the other hand, Stargate is not just a bridge. CNF previously reported that Stargate Finance not only connects chains, but also provides the infrastructure foundation for fast and secure cross-chain solutions. Through the “Beyond The Bridge” program, Stargate declares its mission as the base layer of blockchain interoperability. It is no wonder that protocols like Dinero have started using their network to build broader architectures. Furthermore, by joining Stargate, Cronos also has access to Hydra—a bridge-as-a-service feature from Stargate V2. Hydra is like a cross-chain asset multiplier machine. It will lock assets on one network, then print a mirror version on the destination network with a 1:1 ratio. So liquidity remains intact, without deductions, without differences, and can be used directly in other dApps. But it’s not just about technology. In late February 2025, Cronos also partnered with Crypto.com to launch a crypto prepaid card service. This service allows users to withdraw funds directly to their cards. Imagine you’ve just earned yield from staking on Cronos, and can immediately swipe your card to buy coffee or pay for an online motorcycle taxi. No need to manually exchange to fiat or wait for a complicated process. It’s no secret that interoperability is a big challenge in the Web3 space. But with this integration, Cronos and Stargate seem to be serious about simplifying that process. Building a more fluid, fast, and accessible ecosystem—without the need for technical complications for users or developers. Meanwhile, as of press time, STG is swapped hands at about $0.2254 , 13.31% over the last 7 days and moving sideways over the last 24 hours. Source: https://www.crypto-news-flash.com/stargate-brings-cronos-closer-to-the-omnichain-future/?utm_source=rss&utm_medium=rss&utm_campaign=stargate-brings-cronos-closer-to-the-omnichain-future

You may also like

How to balance risk and return in DeFi yields?

Have these yields ever been reasonable? Have we ever received the compensation we deserve for the risks taken in DeFi, and where should the future spreads be set?

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

Popular coins

Latest Crypto News

Read more