Cardano community members can now give the Cardano-Ethereum USD Coin (USDC) bridge a try as it’s currently active in the beta test version.
To execute a swap as required by Milkomeda and Iagon Token Bridge, users need to hold at least 4 milkAda tokens in their wallets.
Read Also: New Ethereum to Cardano Bridge Launches as Cardano Advances in Terms of Interoperability
In a case where a user does not have enough or any milkAda tokens in his wallet, ADA can be transferred from any Cardano wallet to Ethereum Virtual Machine (EVM) wallet to get the required number of tokens.
As soon as the required number of tokens is obtained, users can then proceed to the bridge page and connect their Cardano wallet with Nami of Flint wallets. Afterward, they would need to select Milkomeda C1 and send their ADA to the address provided.
Source: iagonIagon Token Bridge Currently in Beta Test Version
As aforementioned, Iagon Token Bridge is now actively functioning, but in the beta test version. However, it’s already achieving the purpose of its creation by wrapping and unwrapping IAG tokens on the Ethereum and Cardano blockchains.
The solution, powered by the Milkomeda sidechain, allows swapping ERC-20 IAG tokens for native tokens from the Cardano to Ethereum and vice versa.
Read Also: “Where Did the ADA Go?” Hoskinson Reacts To User’s Claim of Losing 7,000 Euros after Buying Cardano
Vasil Hard Fork May Go Live On Public Testnet on June 2nd
According to glneto, a developer at Mutant NFTs, a Cardano-based non-fungible token platform, the much-anticipated Vasil Hard Fork may go live on the public testnet on June 2, 2022. While the mainnet launch is estimated to launch on June 29.
glneto tweeted, “Cardano Vasil hard fork will be available on public Testnet on June 2nd (Mainnet planned for June 29th) and here is my take of its benefits from an @epoch_art perspective.”
Follow us on Twitter, Facebook, Telegram, and Google News
Original Source: https://timestabloid.com/ethereum-cardano-usd-coin-usdc-bridge-now-active-heres-how-i…
Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.
