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Cross-chain transaction testing has made new progress. The transfer of assets from BTC to ETH is running smoothly, and the team is advancing more complex scenarios—first customer transaction of BTC to stablecoin.
The entire transaction process involves three key steps:
📥 Collateral deposit
🔒 Funds locking
↩️ Funds redemption
Each step is verifiable on the blockchain, and the transaction ID can be found on both blockchains. This fully transparent verification mechanism ensures the traceability and security of cross-chain transactions. As the testing progresses, the multi-chain asset interoperability solution is one step closer to real-world application.