Allbridge to become the first token bridge for the Stacks token By Cointelegraph

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Multi-chain token bridge Allbridge will become the first to offer Stacks (STX) transfers as part of a partnership with software developer Daemon Technologies.

STX is the native token for the Stacks Layer-1 blockchain which settles transactions on the Bitcoin (BTC) network. It currently has a market cap of $1.7 billion. Allbridge currently serves 12 blockchains including , various Ethereum-compatible sidechains, , , and others.