Everclear (Prev. Connext) Integrates Avalanche

Following Avax's announcement of interconnected chains for institutional adoption, many chains have been integrating it. Recently, Everclear, a clearing layer, has integrated Avalanche.

Everclear, previously known as Connext Network, was built to secure cross-chain transaction and act as a clearing layer. The protocol improves the movement of liquidity between different blockchains and manages settlement processes across networks.

The combination of Avax’s multichain infrastructure & Interchain communication token transfer will help solvers achieve efficient settlement. This development enhances Everclear's capability to facilitate efficient cross-chain liquidity rebalancing and settlement across a broader range of blockchain networks.