Cronos Blockchain Introduces Stargate Funds for ETH and USDC After Integrating LayerZero Technology
Cracking the Cross-Chain Barrier: Cronos EVM's Revelation of Two Stargate Pools
Get ready for an exciting leap in DeFi! On May 8th, 2025, Cronos EVM, the Ethereum-compatible blockchain in the Cronos ecosystem, unveiled two new Stargate pools. The ETH and USDC pools are now live, transforming Cronos EVM's trading landscape, all thanks to LayerZero's omnichain messaging protocol integration.
With the integration of LayerZero's interoperability solution, Cronos EVM is embracing a new era of cross-chain pools. The Stargate-powered ETH and USDC pools bring deep liquidity to Cronos EVM, enhancing its trading potential. This enhancement is achieved by pooling liquidity from multiple networks, promising better pricing and capital efficiency.
Built upon LayerZero, Stargate's liquidity architecture unifies liquidity and connects users to over 50 blockchains. This means developers and users on Cronos can reap the benefits of seamless connections with the networks already supported by Stargate, embracing the Omnichain network.
Mirko Zhao, the lead at Cronos, expressed his excitement, stating, "LayerZero has expanded the Cronos universe! With the new Stargate pools for ETH and USDC, Cronos EVM users can enjoy boundless liquidity, while DeFi projects can create innovative products native to Cronos that are fully cross-chain. We can't wait to see what the developers will create by leveraging these powerful primitives!"
The Stargate integration significantly boosts the Cronos user experience, particularly in token bridging. This upgrade also benefits Cronos dApp developers, who can now utilize Stargate's unified liquidity network, creating new cross-chain solutions that capitalize on Omnichain scalability.
A key component of Stargate's V2 protocol, Hydra operates as a Bridge-as-a-Service (BaaS). This feature allows chains without native assets to tap into unified liquidity across Stargate's network. By locking native assets in core pools and minting 1:1 Hydra-backed assets on connected chains, dapps can directly connect to the Omnichain, gaining seamless interoperability, capital efficiency, and stablecoin support. This aids new chains in quickly bootstrapping liquidity and gaining users.
The launch of the new pools and Omnichain connectivity on Cronos EVM will establish direct pipelines between the Cronos ecosystem and Stargate's connected chains, including Ethereum, Arbitrum, Optimism, and Base. This interconnectivity will enable Cronos to grow its TVL and deepen its liquidity as users can move swiftly between blockchain networks.
Lamps, Foundation Lead at Stargate, highlights, "Cronos is a cornerstone of the DeFi industry. By connecting to Stargate's Omnichain liquidity network, Cronos becomes a part of a truly unified Web3 where value flows freely, and developers can unlock the next generation of Omnichain-powered applications."
About Cronos
Cronos is a leading blockchain ecosystem, embraced by Crypto.com and over 500 application developers and partners, representing an addressable user base of over 80 million people worldwide. Cronos' mission is to make self-custody in Web3 easy and safe for the next billion crypto users, with a focus on Decentralized Finance and Gaming.
The Cronos universe encompasses 3 chains: Cronos (EVM), the leading Ethereum-compatible blockchain built on Cosmos SDK; Cronos POS, a leading Cosmos chain for payments and NFTs; and Cronos zkEVM, a new high-performance layer 2 network.
Cronos ranks among the top 15 blockchain ecosystems, safeguarding over 6 billion dollars of user assets. Since launching in 2021, it has secured over 100 million transactions. Cronos Labs is the $100M startup accelerator focused on Cronos.
About Stargate
Launched in 2022, Stargate is the largest fully composable native asset bridge and the first unified liquidity network, connecting liquidity across 50+ blockchains, delivering effortless interoperability in DeFi. Stargate is built on LayerZero, connecting liquidity for a smoother Web3 experience.
Press Contact
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Insights:
- Stargate's Omnichain liquidity network, integrated with Cronos EVM, offers seamless, frictionless transfers of native assets between more than 50 blockchains, eliminating traditional barriers to scalability and efficiency in DeFi applications.
- The integration of Stargate provides users with a smooth experience when moving assets, quick, secure, and convenient transactions across chains.
- By unifying liquidity across multiple chains, Stargate facilitates a more efficient and interconnected Web3 ecosystem, benefiting both users and developers.
- Stargate's cost-efficient transfers with low slippage enhance the overall user experience for stablecoins and cryptocurrencies like USDC and ETH.
- The integration of LayerZero's interoperability solution in Cronos EVM has ushered in a new era of cross-chain pools, marked by the launch of the Stargate-powered ETH and USDC pools.
- These Stargate pools are poised to significantly boost Cronos EVM's trading potential, offering deep liquidity through pooled resources from multiple networks.
- Stargate's liquidity architecture, built upon LayerZero, unites liquidity and connects users to over 50 blockchains, promising better pricing and capital efficiency.
- The new Stargate pools, a Cronos EVM innovation, allow users to enjoy boundless liquidity, while DeFi projects can create cross-chain products native to Cronos.
- Stargate's V2 protocol, complete with Hydra as a Bridge-as-a-Service feature, lets chains without native assets tap into unified liquidity across its network.
- By leveraging the powerful Hydra feature, dapps can directly access the Omnichain, ensuring seamless interoperability, capital efficiency, and stablecoin support.
- The launch of the new pools and Omnichain connectivity on Cronos EVM establishes direct pipelines between Cronos and Stargate's connected chains, including Ethereum, Arbitrum, Optimism, and Base.
- This interconnectivity will enable Cronos to grow its Total Value Locked (TVL) and deepen its liquidity, as users can move swiftly between blockchain networks.
- The Cronos ecosystem, spearheaded by Crypto.com, is a leading blockchain ecosystem, catering to over 80 million people worldwide through 500 application developers and partners.
- Cronos' focus remains on Decentralized Finance (DeFi) and Gaming, with its universe encompassing Cronos (EVM), Cronos POS, and Cronos zkEVM.
- Stargate, launched in 2022, is the largest fully composable native asset bridge and the first unified liquidity network, connecting liquidity across 50+ blockchains, delivering a seamless Web3 experience.
- The Omnichain liquidity network offered by Stargate facilitates a more efficient and interconnected Web3 ecosystem, helping both users and developers capitalize on increased scalability and reduced barriers to efficiency in DeFi applications.
