According to reporting from CoinDesk, Brale, a stablecoin firm, has announced a new protocol designed to remove a major hurdle to scaling custom tokens.
The current bridge model is not scalable, particularly as hundreds of companies begin to issue their own stablecoins, resulting in fragmented liquidity, said Brale CEO Ben Milne in an interview.
This new protocol aims to address the issue of liquidity fragmentation, which is a significant challenge in the current stablecoin ecosystem.