River Unveils Chain-Abstraction Stablecoin System for Seamless Multi-Chain DeFi

River introduces a revolutionary stablecoin system that eliminates the need for bridges or wrapping when transferring assets across chains. Their innovative approach, called chain abstraction, empowers users to deposit collateral on one chain and instantly mint satUSD on another, unlocking seamless access to yield and leverage throughout the multi-chain ecosystem. This technology addresses the fragmented liquidity landscape in the burgeoning DeFi space.