Public Mint joins the fastMPC Community and integrates with Multichain

The open fastMPC network of Multichain gets more decentralized and secure

The fastMPC community is thrilled to have Public Mint as one of the node operators that run the fastMPC network of the Multichain protocol. As a node runner, Public Mint will help with the cross-chain interoperability of assets across the Multichain ecosystem and with escrow of assets as well.

How open participation of third-party node providers benefits the network –

• More node operators improve the security of cross-chain interactions on the Multichain network.
• The participation of independent node operators increases the decentralization of the Multichain MPC Network.

As a participant in the fastMPC network, Public Mint will run one of the MPC nodes that sign cross-chain interactions through the MPC protocol in the Multichain ecosystem.

Multichain Integration with Public Mint

Multichain has integrated with Public Mint for cross-chain interoperability that USDC, USDT, ETH, DAI, BUSD can be bridged from EVM networks, including Ethereum, Polygon, etc. to Public Mint. In addition, the transfer of $MINT, the governance token of Public Mint has also be facilitated across multiple blockchains supported by Multichain MPC network, opening possibilities for more use cases.

What is fastMPC

fastMPC is an open network of MPC node operators that secure cross-chain communication on the Multichain ecosystem. These node operators collectively sign cross-chain interactions with the help of Mutlchain’s MPC algorithm and ensure Multichain bridges, routers, and anyCall transactions.

About Public Mint

Public Mint is an open and complete blockchain platform for fiat money, where funds are fully collateralized and held on deposit with regulated, FDIC-insured institutions. Public Mint offers an open, fiat-native blockchain and APIs, ready for anyone to build fiat-based applications and accept credit cards, wire transfers, stablecoins and more. On top of that, the Public Mint EARN platform offers users automated and diversified returns on USD assets, leveraging the power of blockchain and DeFi.

About Multichain

Born as Anyswap on July 20th, 2020, Multichain is positioned as a decentralized cross-chain router to address the clear need for distinct and diverse blockchains to communicate with one another.

Multichain promotes interoperability across different networks and actualizes smooth asset and value transfers as a cross-chain architecture. In addition, Multichain also powers the seamless data or message transmission across chains by anyCall, enabling the building of cross-chain Dapps.

Multichain is now the leader in the cross-chain sector, with a constantly growing family of EVM and non-EVM chains (currently 70) and deployed bridges (currently 3,000+).