Terra 2.0 has launched a new Terra Bridge V2 on the Terra mainnet, which allows users to transfer assets between Terra 2.0, Ethereum, Osmosis, Secret, Cosmos, and Juno. Terra Bridge V2 Now LIVE on Terra Mainnet The Terra Bridge V2 allows users to transfer their digital assets between various blockchain networks, including Ethereum, Secret, Cosmos, Osmosis, and Juno. The bridge uses Cosmos and Axelar to enhance functionality. Cosmos facilitates interoperability among a group of blockchains, while Axelar facilitates universal connectivity for Web3. Axelar is supported only for cross-chain transfer between Terra and Ethereum. It allows users to transfer Axelar USD Coin (axlUSDC) and Axelar Tether (axlUSDT). Whereas, Cosmos IBC is supported for cross-chain transfer of LUNA from Terra to Osmosis, Secret, Cosmos, and Juno. Interestingly, Terra Bridge V2 also supports LunaX, ampLUNA, axlWBTC, axlWETH, and GRAV tokens on Terra to Terra. Furthermore, users looking to use bridge with Terra Classic can switch to Terra Bridge Classic. However, Axelar is no longer supported, and only Wormhole and Shuttle are available for cross-chain transfers. 1/ Terra Bridge V2 is now LIVE on Terra mainnet using @axelarcore & @cosmosibc! 🙌 With V2, users can transfer assets to & from Terra 2.0, Ethereum, Osmosis, Secret, Cosmos, & Juno ↔️https://t.co/iOK7YyISjz — Terra 🌍 Powered by LUNA 🌕 (@terra_money) June 3, 2022 The Terra Bridge V2 employs a diffe...
