ZetaChain recently announced an official partnership with Curve Finance. The announcement was made on ZetaChain’s X/Twitter account.
According to the series of tweets, the parties will work together for the first native BTC support. Support will be provided for omnichain asset pools and cross-chain swaps. ZetaChain currently functions as the first universal blockchain, with smart contracts that manage assets across multiple chains from one place.
The blockchain allows users to implement a native cross-chain Curve on the ZetaChain network. This allows users to control external, native assets as if they were present in one chain.
These features enable the omnichain asset pool with the first native BTC support. Users can have BTC on Bitcoin, ETH on Ethereum and USDC on Polygon, where other assets exist in uniform liquidity. ZetaChain even dropped a mock-up of the user interface to represent its idea.
The tweets further explained that such pools could exist on networks like Ethereum or even ZetaChain. This allows users to deposit native tokens to interact with wallets on any chain. For example, users can even deposit BTC from their Bitcoin wallet address.
Additionally, Curve users can interact with omnichain asset pools for native cross-chain swaps. It will include Bitcoin as an input or trading route for any Curve pool integrated with ZetaChain. It also shared a mock-up UI look for the same.
Additionally, the latest collaboration will address the issue of standardized interoperability. Together, the involved parties will help Cruve secretly and effectively obtain liquidity across all networks, including the Bitcoin network.
In the long term, the Curve Finance partnership will generate increased trading volume. It will also provide a new set of collateral that can back crvUSD with a public utility that simplifies navigation through the crypto industry.
After everything is done, Curve gets ready to launch on the ZetaChain mainnet. The collaboration will also provide growth mechanisms and incentives to enable a long-term partnership.