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River and LayerZero launch the first Omni-CDP module to achieve stablecoin cross-chain native minting.
On August 21, the DeFi project River announced its integration with LayerZero, launching the first Omni-CDP module that supports the cross-chain native minting of the stablecoin satUSD. Users can deposit assets such as BTC, ETH, BNB, or LST on any supported chain and directly mint satUSD on another chain without the need for bridging or wrapping assets, thereby eliminating risks and complexities. satUSD adopts the OFT standard to ensure value consistency across multiple chains and can be used in over 30 DeFi protocols, including trading, staking, and lending.