The Web3 industry is at a critical stage of its development. The GENIUS Act and CLARITY Act have been adopted by the House of Representatives, which are becoming crucial, promising to bring much-needed clarity to Web3. This study analyzes the potential impact of these acts on the Web3 ecosystem as a whole and on the role of interoperable solutions, in particular on @Axelar.
Axelar, as the fundamental layer of interoperability, is in a unique position to benefit from regulatory clarity:
Institutional players included in Web3 will require secure, reliable and, importantly, regulatoryly compatible solutions for moving assets between chains. Axelar, with its focus on security, programmability and reliability, is positioned as the preferred infrastructure for these streams
The adoption of the GENIUS Act and CLARITY Act will not only remove significant barriers to mass and institutional adoption, but also allow the entire ecosystem to move to a new level of maturity.
Axelar will play an even more critical role. By providing a secure, reliable and scalable cross-chain infrastructure, Axelar will become not just a bridge, but a key component that connects fragmented markets, provides global liquidity and contributes to the creation of a compatible, transparent and compliant Web3
LIVE NOW: Axelar is the core platform linking XRP Ledger, the new XRPL EVM + the native XRP token to the world.
🙆 Web3 users & XRP holders can bridge $ETH, $XRP + $USDC TODAY using @squidrouter
👷 Builders can leverage GMP in multichain smart-contract calls
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This morning, @DeutscheBank announced participation in @MAS_sg Project Guardian, testing compliant asset tokenization applications.
Institutions participating in Guardian have picked Axelar for interoperability 2 years in a row.
Thoughts on why interop is critical for RWAs 🧵⤵️
Axelar will connect all tokenization protocols to any blockchain (private or public), over interoperability infrastructure that is:
🖊️ Programmable
🌎 Scalable
💎 Secure
🔎 Transparent end-to-end
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