Binance Smart Chain Adds Support for Wrapped IOTA Tokens
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29 March
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Binance Smart Chain (BSC), a blockchain network developed by Binance, now supports wrapped IOTA tokens on its network, the IOTA developers announced in a blog post.

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With wrapped MIOTA tokens, users can use the assets to participate in decentralized finance (DeFi) applications on the Binance network, the developers noted.

"We see this integration with Binance Smart Chain as the first step in growing liquidity across multiple chains, while also preparing for the ability for other assets to live on the IOTA network," they added.

The MIOTA token hodlers can wrap their tokens into the BEP-20 asset through the Binance Bridge, a platform for swapping cross-chain assets. Once the MIOTA tokens are wrapped, users can trade with them, swap them, or interact with various BSC's decentralized applications.

EasyFi Announces New Blockchain Integration with Binance Smart Chain

Earlier in March, IOTA released the IOTA Smart Contracts Protocol (ISCP) Alpha. With an early version of an ISCP toolset, blockchain developers can write and compile smart contracts, deploy and run them in the testing environment. The IOTA Foundation says the release is a "significant opportunity" to demonstrate applications on the IOTA network such as decentralized exchanges, NFT (non-fungible token) marketplaces, and smart contracts.

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