The partnership will facilitate the use of Terra’s UST stablecoin across a range of DApps on the Harmony blockchain.
It also facilitates safer yielding options for the Harmony community through the ONEAnchor saving account.
In a major development, Harmony blockchain has joined hands with Terra protocol to push further the growth of its DApps ecosystem. The announcement came on Wednesday, July 7, as Harmony noted that this partnership will help it to take further its “cross-chain and interoperability vision”.
The goal is to bring Terra’s Wrapped UST stablecoin to Harmony through a Terra Bridge Integration. Thus, this will bring safer yielding options for the Harmony community through the ONEAnchor saving account. ONEAnchor is a native product of Harmony with broader appeal in the crypto space. It also aligns with Harmony’s vision of getting millions of people to this evolving space of decentralized finance (DeFi).
Furthermore, Terraform Labs will also support vetted project
