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Algorand Joins Forces with Wormhole for Seamless Token Transfers

Summary by CoinTrust
Algorand, a prominent Layer-1 blockchain platform, has taken a decisive step toward strengthening its multichain strategy through a recent integration with Wormhole. This collaboration leverages the Native Token Transfers (NTT) standard, enabling direct token movement across more than 40 blockchain networks without requiring token wrapping—an approach that traditionally complicates inter-chain activity. The strategic alignment with Wormhole is e…
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CoinTrust broke the news in on Thursday, July 3, 2025.
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