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Stables Labs has launched on the Base network, supported by Axelar's cross-chain technology.
Odaily News Stablecoin issuance protocol usdx.money developer Stables Labs announced that it has gone live on the Base network, collaborating with cross-chain interoperability protocols Axelar and Squid to provide seamless cross-chain access for USDX and sUSDX on the Base chain. Stables Labs' next steps include: 1. Cross-chain integration through Axelar and Squid, bridging USDX/sUSDX to Base; ensuring asset security upon arrival; conducting comprehensive audits, testing, and continuous monitoring; 2. Launching liquidity building on Balancer with V3 liquidity pool: USDX / sUSDX / aaveUSDC (in a 1:1:1 ratio); providing initial liquidity + strong Liquidity Provider (LP) incentives; initiating community activities to drive early adoption; during Epoch 10, offering a 20% S-Points bonus.