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Turbos Finance Introduces Smart Routing for Stablecoins on Sui

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.Turbos_finance, a decentralized exchange built on the newly live layer 1 SuiNetwork blockchain, has started offering smart-routing for stablecoin swaps, establishing multiple USDC variant liquidity pools. LedesmaLyllah writes.

layer 1 Sui blockchain, is now offering smart-routing for stablecoin swaps on the network, establishing multiple USDC variant liquidity pools.

The launch will allow customers to seamlessly trade any variant of bridged USDC assets wrapped by the Wormhole bridge against native Sui assets, the company said in a press release. Currently, users have to wrap their USDC on the source’s network in order to access the stablecoin on Sui.are used to move assets between blockchains that are incompatible with each other via a bridge.

Turbos is offering a smart routing system on Sui to offer multiple USDC variant liquidity pools, the press release said. “This advancement unlocks the untapped potential of all USDC variants on Sui, irrespective of their origin networks,” said the release., has a $2 billion valuation and was founded by ex-Meta Platforms employees. Sui has more than 200 projects in its directory and another 100-odd projects vying to build on its network.

 

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