Breez Enables Bitcoin-to-Stablecoin Transfers Across 30+ Blockchain Networks | BitPinas
The update enables instant, non-custodial transactions from bitcoin balances to over 30 external blockchain networks, including Ethereum, Base, Arbitrum, Optimism, Polygon, Solana, and Tron.
BitcoinLightning Network infrastructure provider Breez has announced the launch of a new feature for its Software Development Kit (SDK) that allows developers to enable users to send USDC and USDT stablecoins directly from a bitcoin balance. The update enables instant, non-custodial transactions from bitcoin balances to over 30 external blockchain networks, including Ethereum, Base, Arbitrum, Optimism, Polygon, Solana, and Tron. Cross-Network Routing and Technical ArchitectureAccording to the company:The Breez SDKautomatically detectsthe recipient’s wallet address type, identifies an optimal routing path, and displays the exact delivery amount, network, and transaction fees prior to user confirmation. The technical architecture relies on launch liquidity providers Flashnet and Boltz to execute the conversions. Breez noted that the infrastructure is built on an open architecture designed to integrate additional conversion providers over time while maintaining a non-custodial framework. Integration and InteroperabilityThe company stated that the feature also supports apps utilizing its “Stable Balance” functionality, allowing users to hold USD-denominated balances and send funds across the supported networks. The integration utilizes the Bitcoin Lightning Network as an interoperability layer to bridge bitcoin with the broaderstablecoineconomy. The capability is currently live for developers using the Breez SDK and is active on the company’s reference application,Glow. Breez indicated that while the feature is currently limited to outbound transfers, functionality to receive stablecoins from external networks is planned for future release. This article is published on BitPinas:Breez Enables Bitcoin-to-Stablecoin Transfers Across 30+ Blockchain NetworksListen to our latest episodeWhat else is happening in Crypto Philippines and beyond?BitPinas is a news website that portrays the most accurate coverage and representation of crypto, blockchain, play-to-earn, and NFT news and updates in the Philippines since 2017.