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Cashmere Labs: The Bridge That Wants to Make Bridges ea

Cashmere Labs: The Bridge That Wants to Make Bridges ea

QUEEN
@WagmiQueen520 followers
2 min read

In February 2022, something happened that should have permanently changed the way we think about moving money across blockchains. A vulnerability in @Wormhole, one of the major bridges

Traditional bridges often depend on liquidity pools, locked collateral and wrapped representations. Cashmere's native-transfer model takes a different route: burn the original stablecoin on one chain, verify the event, then mint the native asset on another https://t.co/uEn0otUcHh

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