Overview
The Cables bridge is a stablecoin-focused, permissionless centralized-style bridge that allows users to trade USDC seamlessly cross-chain.
Last updated
The Cables bridge is a stablecoin-focused, permissionless centralized-style bridge that allows users to trade USDC seamlessly cross-chain.
Last updated
What is the Cables Bridge?
The Cables Bridge is the second product launching in the Cables Product Suite. The goal of the Cables Bridge is to offer a permissionless centralized-style bridge, which leverages stablecoin providers' native minting and burning system. The bridge will allow users to go across chains in a manner significantly faster, cheaper, and safer than what is possible with the current suite of “decentralized” bridges. It is faster due to the single entity processing the requests and lower confirmation requirements by stablecoin partners. It is cheaper due to the on-chain actions being two basic transactions rather than complex smart contract interactions. It is safer due to the ability to properly burn and mint native stablecoins through the issuer cross-chain.
What makes the Cables Bridge different?
Cheaper: The bridge's cross-chain system is not reliant on smart contracts, therefore gas is significantly less than other bridges.
Faster: The hybrid architecture of the bridge simplifies the cross-chain system allowing it to be quicker and require less blockchain confirmations.
Safer: The bridge utilizes the stablecoin providers' native minting and burning system, thus removing the need to rely on smart contract liquidity pools and third-party lock-and-mint systems.