Uniswap Labs to facilitate cross-chain interoperability with Across’s bridging solution

Uniswap Labs, the company behind leading decentralized exchange Uniswap, has announced the integration of a cross-chain exchange bridge built by Across, a complete stack for all things cross-chain.

According to a press release shared with CryptoPotato, the upcoming integration will allow users of the Uniswap Wallet and Uniswap web app to exchange ether (ETH), Wrapped Bitcoin (WBTC) and stablecoins such as Tether (USDT), USD Coin (USDC) , and Dai (DAI) on nine Ethereum Virtual Machine (EVM) compatible chains, including Optimisme, Arbitrum, Polygon, and Base.

Uniswap to integrate via cross-chain bridge

Uniswap’s new feature will feature Across’s intent-based bridging solution, which allows users to specify their desired action in a single transaction request. It removes the complexities of cross-chain transactions by allowing Across to automatically join assets and interact with smart contracts “under the hood”. This cross-chain bridging approach de-risks the end user and makes these transactions friendly.

Hayden Adams, CEO of Uniswap Labs, said:

“While we have benefited from Ethereum’s scale improvements, progress has also led to some fragmentation. This collaboration is based on our shared vision of setting new standards and creating an ideal user experience for cross-chain exchanges.”

Across’s intent-based bridging technology is also powered by the ERC-7683 token standard introduced earlier this year by the crypto entity and Uniswap Labs to improve cross-chain interoperability. The token standard unifies cross-chain intentions and allows a universal padding network to process transactions. It allows developers to leverage the entire EVM ecosystem while focusing on one chain, eradicating the need for multiple Layer 2 deployments.

Although ERC-7683 is still in its early stages, the token standard has gained recognition from Ethereum founder Vitalik Buterin.

Establish the basis for asset-to-asset exchanges

Uniswap said it is integrating Across’s bridging solution to lay the foundation for the exchange between any crypto asset.

Across co-founder and CEO Hart Lambur insisted that intent-based solutions are the only products that offer users a two-second experience between Layer 2 networks. They have an average time of three seconds for transactions of less than of $10,000, representing approximately 99% of all Tier 2 bridge activity.

“It can finally make the experience of using hundreds of L2s feel like a unified ecosystem. I envision a future where seamless, one-click cross-chain transactions become the standard,” added Lambur .

Meanwhile, Uniswap recently unveiled its Layer 2 Unichain network, built on the OP Stack as part of the Superchain. Across will become the chain bridge when the main network is active.

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