As with the Swift and Chainlink partnership, this week a new partnership on payment services in XRP has arrived. The latest partnership news of the altcoin market is as follows…
These 4 altcoins make headlines with new partnerships
ThunderCore and SushiSwap partnership
ThunderCore and SushiSwap announced a new collaboration highlighting SushiSwap’s reputation for adopting new business models and focusing on ThunderCore’s blockchain games. One of the key initiatives of the duo is the creation of a new revenue-sharing model that increases earnings for liquidity providers.
This important development drives the growth of platforms TVL. It will also increase demand for ThunderCore’s native token TT through SushiSwap. In particular, some of the fees from the activities carried out through SushiSwap on ThunderCore are used to buy both SUSHI and TT, giving altcoin investors confidence in price stability. You can get more details from the duo’s June 12 Twitter meeting.
The partnership will bring a number of innovative Sushi products to ThunderCore, including:
- Sushi v3 AMM: It provides rotating different types of pools with varying cost tiers of Sushi. It will also provide a framework for interacting with them.
- SushiXSwap: Sushi’s cross-chain tool for fast swaps between supported networks.
- Onsen: Onsen pools are Sushi’s “double prize” pools for new projects seeking liquidity. These pools pay out in two assets instead of one.
- Furo: is Sushi’s token streaming platform. Specifically, it is built on BentoBox, which allows token flow in any time frame. There are also options to create token rights and cliffhangers.
Xumm and Uphold integration
In other news, Xumm, the wallet solution for XRP Ledger, has integrated Topper from Uphold. This move was taken to make it easier for users to purchase XRP with fiat currencies. The partnership provides Xumm users with various conveniences in stock market transactions. Uphold’s new fiat to crypto migration service Topper will allow users to transact with credit or debit cards. Now users will be able to buy XRP seamlessly through Topper.
Xumm is the wallet that allows users to interact with XRP-Ledger and third-party tools while keeping their keys safe. According to a recent development, Xumm will integrate Uphold’s Topper service as a third-party xApp on its platform.
Ness LAB and CoinNess partnership
CoinNess, the popular South Korean crypto investment news platform, announced its partnership with Ness LAB. The partnership became official with a memorandum of understanding (MOU) designed to roll out Blockchain to wider audiences.
Ankr and Horizen partnership
Web3 infrastructure provider Ankr and Layer-0 Blockchain Horizen announced their collaboration for EON smart contracts. The strategic partnership aims to make Ankr one of the leading Remote Procedure Call (RPC) providers for EON, Horizen’s EVM-compatible smart contract platform. The collaboration will also enable a wide variety of use cases in the DeFi and NFT domains, as we quoted as Kriptokoin.com.