Mayan Deposit Addresses Go Live for Supported Cross-Chain Token Transfers

Mayan’s deposit-address feature is live, letting users send supported tokens from supported chains to one address while the service converts them into an app-configured asset. Each address can accept deposits in multiple supported tokens. The app configures the destination options, and the converted funds are delivered as the selected asset to the chosen chain and wallet. The feature is designed for applications that need deposits in a particular asset, even when users start with another supported token. Mayan handles routing and conversion. Wormhole provides cross-chain connectivity for transfers between networks. Simon Yoon reports on blockchain technology for TokenPost.

Source: TokenPost