TaoFi will launch an Ethereum to Bittensor EVM stablecoin bridge on the 26th.

BlockBeats News, March 26th, according to official sources, TaiFi announced that it will launch an Ethereum to Bittensor EVM stablecoin bridge on March 26th.

It is reported that this cross-chain bridge will be supported by Hyperlane, with an initial TVL cap of 10 million USD.

In February this year, Bittensor ecosystem DeFi project TaoFi completed a strategic funding round, led by DCG, with participation from Pantera Capital, Taostats, Lyrik Ventures, among others.

TaoFi will build foundational AI-driven DeFi primitives on the Bittensor EVM, including the first stablecoin supported by TAO, a decentralized exchange platform, and a staking version of TAO's liquidity.