Pike is ushering in a new wave of natively cross-chain applications that intrinsically operate across multiple ecosystem in real time and while innovative, introduces a whole suite of hurdles, both technical and otherwise.
Stablecoins have always been a burgeoning niche within crypto, both since their inception, and even recently with the advent of LSD-backed stablecoin protocols. However, one has remained the dominant choice when it comes to DeFi, and that is of course - $USDC.
Over the past few months, we’ve seen a number of Cross-Chain Messaging technology stacks go live, both from newcomers and teams who have been around for quite some time. The most recent example of course would be Chainlink, with CCIP (Cross-Chain Interoperability Protocol) and the most prevalent being Axelar, having being used to facilitate cross-chain transfers within the Cosmos Ecosystem.
The Base mainnet is now live, and with it, a whole suite of new applications, protocols and usecases which are augmenting decentralized finance as we speak.