‘Wormhole’ Adds UI Support for Terra in Bid to Simplify Cross-Chain Operability

Posted on by American Coins & Gold

‘Wormhole’ Adds UI Support for Terra in Bid to Simplify Cross-Chain Operability
Wormhole, a communication bridge between Solana and other top decentralized finance (DeFi) networks, has added user interface support for the Terra network.The move allows users to port digital assets between Terra, Solana (SOL), Ethereum (ETH), and Binance Smart Chain (BSC) via a single unified interface without the need to double wrap Terra tokens.Like stablecoins whose values are pegged to fiat currencies or particular commodities, wrapped tokens fulfil a similar function by representing real-world assets on networks they aren’t native to. “Wrapping” refers to storing particular digital assets in a wrapper or digital vault so they may function on one blockchain…