Owlto has announced a product strategy upgrade aimed at promoting stablecoin cross-chain infrastructure centered around USD1.

Cross-chain protocol Owlto Finance has announced a product strategy upgrade aimed at promoting the stablecoin project $USD1 (@worldlibertyfi), backed by the Trump family, as the core of stablecoin multi-chain interoperability infrastructure. The upgrade will focus on three main areas:
1. Achieving full-chain cross-chain circulation of $USD1;
2. $USD1 holders can stake on any chain and withdraw from any chain, while earning compound yields from cross-chain fees and other DeFi protocols;
3. After the "Genius Act" is passed, $USD1 will become the core relay asset for cross-chain stablecoin swaps, expanding its ecological application scenarios.
Owlto plans to build cross-chain infrastructure for $USD1 and bring a real user base, improving its on-chain liquidity and stablecoin market competitiveness. [Odaily星球日报]