Parachain with polkadots Acala and its Kusama-based counterpart Karura have partnered with Wormhole to connect their decentralized finance (DeFi) ecosystems to eight major Layer 1 blockchains.
Acala and Karura will be connected to Ethereum, Solana, Terra, Avalanche, Polygon, Oasis, Fantom, and Binance’s BNB chain via the Wormhole connection.
Users of Acala and Karura, which act as DeFi hubs for the Polkadot and Kusama ecosystems, can access over US$200 billion in liquidity thanks to cross-chain interoperability.
Kusama’s kUSD stablecoin will join with Acala’s aUSD after Wormhole integration to increase liquidity in Polkadot and Kusama.
While they have the same fundamental architecture, Kusama serves as Polkadot’s canary network, allowing developers to test their ideas before committing to Polkadot.
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