The stablecoin hub on Cardano, Ardana, has secured a partnership with Elrond blockchain architecture. The native token of the Elrond blockchain will become one of the first cross-chain assets that will be used for collateralization on Ardana platform.
Ardana will be used to bridge Cardano and Elrond. By connecting the two ecosystems, integration with a project on two chains will become possible, including token transfer between Elrond mainnet and Cardano chains. Later on, it is planned to enable cross-chain smart contract functionality.
