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Curve Finance Deploys StableSwap Natively on Stellar, Its First Non-EVM Chain

Curve Finance Deploys StableSwap Natively on Stellar, Its First Non-EVM Chain

Photo: TheCoinrise

The DeFi protocol known for stablecoin trading expands beyond Ethereum-compatible networks for the first time Curve Finance has brought its core StableSwap trading mechanism to Stellar, according to reports from NewsBTC and The Cryptonomist. The deployment marks the protocol's first native expansion onto a non-EVM blockchain since its founding. Curve built its reputation on the StableSwap algorithm, a specialized automated market maker design optimized for trading assets that are meant to hold similar values, such as stablecoins.

Source: TheCoinrise

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