Foresight News reports that Sonic Labs (formerly Fantom) has launched a new layer network called Sonic and announced a strategic partnership with the cross-chain interoperability protocol Owlto Finance. Owlto Finance will provide stablecoin liquidity support to Sonic, allowing users to access cross-chain assets through Owlto.

Owlto Finance is an intent-centered full-chain liquidity protocol with over 2 million users from more than 200 countries and regions, now connected to over 60 chains within the BTC, ETH, SOL, AVAX, and TON ecosystems.