Cross-chain lending market Pike received US$50,000 in funding from Circle and Wormhole Foundation
Native cross-chain lending market Pike announced joint funding from Circle and Wormhole Foundation (WF) to incentivize its integration of USDC as its native stablecoin and utilize Circle's cross-chain transfer protocol (CCTP) and Wormhole's cross-chain messaging capabilities. Pike will receive $50,000 in USDC funding to continue its commitment to improving overall security and user experience, setting new standards for permissionless cross-chain lending.
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