Intellabridge Technology Corporation Announces New Bridge to Ethereum Ecosystem
With this new Ethereum gateway, Kash DeFi banking is now open to more than $33 Billion US Dollars of Ethereum stablecoins, including $27 Billion of USD Coin (USDC), founded by Coinbase and Circle, and $6 Billion of DAI founded by MakerDAO. Intellabridge also expects to be adding Binance USD (BUSD) and Tether (USDT), which opens Kash to an additional $12 Billion of BUSD and $65 Billion of Tether of stablecoin assets.
Providing customers with the ability to earn up to 16% interest on Ethereum-based stablecoins marks an important step forward for Intellabridge's strategy to give Ethereum customers the benefits of the Terra Ecosystem on the Kash platform.
"After several months of development, we're excited to launch this bridge and open the market for Ethereum customers," said John Eagleton, CEO of Intellabridge. "Our goal is to give people in the Ethereum ecosystem an easy way to deposit their stablecoins and earn one of the highest stable interest rates in the DeFi market."
To sign up for the Kash and begin earning interest on Ethereum and Terra stablecoins, visit www.kash.io.
About Intellabridge Technology Corporation
Intellabridge Technology Corporation (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) is a venture builder investing in blockchain technologies with a focus on fintech and decentralized financial ("DeFi") solutions. For more information on Intellabridge, visit www.intellabridge.com.
ON BEHALF OF THE BOARD of DIRECTORS INTELLABRIDGE TECHNOLOGY CORPORATION "Maria Eagleton" Maria Eagleton, COO
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