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HAQQ and Axelar Partnership, Uniting Over 50 Blockchains (Part One)
Hello, fellow crypto enthusiasts!
Today, I stumbled upon something in the blockchain space that really excited me, and I can't wait to share it with you. Picture a world where ethical finance meets cutting-edge technology, resulting in a seamless interconnected web3 ecosystem. Well, it's happening!
This summer, in June, I came across information about the collaboration between HAQQ and Axelar: "Enhanced cross-chain compatibility for ethical finance." Unusual, right? But what does it really mean? #Web3
In a nutshell, as the decentralized finance (DeFi) movement gains momentum, the ability for value to be seamlessly transferred across different blockchains becomes crucial. HAQQ, a leading Sharia-compliant ecosystem focusing on ethical finance and sustainable investment methods, has joined forces with Axelar, a platform mastering secure inter-network interaction. #DeFi
I know what you're thinking – why should this matter to me? Well, my friends, this collaboration opens up a whole world of possibilities. The native HAQQ token, Islamic Coin (ISLM), will soon spread its wings beyond its ecosystem. Thanks to Axelar's technology, it will effortlessly move between different blockchain networks, providing access to ethical finance for a wide audience. #IslamicCoin
But that's not all. The article details the benefits this integration will bring to other projects utilizing HAQQ. Imagine your favorite decentralized application (DApp) effortlessly operating across multiple networks. Yes, it's happening soon. Additionally, the HAQQ ecosystem will include USDC, adding another stable coin to its repertoire. #HAQQNetwork
And here's the kicker! Sharia-compliant lending is being considered on HAQQ—no interest, just profit and loss agreements.
HAQQ is preparing Sharia-compliant gold-backed tokens, offering a stable alternative to the volatile world of traditional finance. With Axelar's involvement, these tokens can conquer numerous networks.#ETH
HAQQ is working on integrating Axelar's "1-click" feature into its wallet. Imagine asset exchanges between blockchains with just one tap, all while adhering to ethical standards. In short, the collaboration between HAQQ and Axelar is a significant opportunity, uniting to save the financial world.
However, this is just the first part of the journey. The world of decentralized finance is evolving, and HAQQ and Axelar are taking one ethical step after another. There's much more exciting stuff ahead, and I'm already looking forward to the continuation.
Remember that ISLM is not available to residents of Dubai.
Disclaimer: This article does not constitute an offer to sell, solicit an offer to buy, or recommend any securities, goods, or services. It is not investment advice. Please conduct your own research.
$BTC $ETH $USDC
Today, I stumbled upon something in the blockchain space that really excited me, and I can't wait to share it with you. Picture a world where ethical finance meets cutting-edge technology, resulting in a seamless interconnected web3 ecosystem. Well, it's happening!
This summer, in June, I came across information about the collaboration between HAQQ and Axelar: "Enhanced cross-chain compatibility for ethical finance." Unusual, right? But what does it really mean? #Web3
In a nutshell, as the decentralized finance (DeFi) movement gains momentum, the ability for value to be seamlessly transferred across different blockchains becomes crucial. HAQQ, a leading Sharia-compliant ecosystem focusing on ethical finance and sustainable investment methods, has joined forces with Axelar, a platform mastering secure inter-network interaction. #DeFi
I know what you're thinking – why should this matter to me? Well, my friends, this collaboration opens up a whole world of possibilities. The native HAQQ token, Islamic Coin (ISLM), will soon spread its wings beyond its ecosystem. Thanks to Axelar's technology, it will effortlessly move between different blockchain networks, providing access to ethical finance for a wide audience. #IslamicCoin
But that's not all. The article details the benefits this integration will bring to other projects utilizing HAQQ. Imagine your favorite decentralized application (DApp) effortlessly operating across multiple networks. Yes, it's happening soon. Additionally, the HAQQ ecosystem will include USDC, adding another stable coin to its repertoire. #HAQQNetwork
And here's the kicker! Sharia-compliant lending is being considered on HAQQ—no interest, just profit and loss agreements.
HAQQ is preparing Sharia-compliant gold-backed tokens, offering a stable alternative to the volatile world of traditional finance. With Axelar's involvement, these tokens can conquer numerous networks.#ETH
HAQQ is working on integrating Axelar's "1-click" feature into its wallet. Imagine asset exchanges between blockchains with just one tap, all while adhering to ethical standards. In short, the collaboration between HAQQ and Axelar is a significant opportunity, uniting to save the financial world.
However, this is just the first part of the journey. The world of decentralized finance is evolving, and HAQQ and Axelar are taking one ethical step after another. There's much more exciting stuff ahead, and I'm already looking forward to the continuation.
Remember that ISLM is not available to residents of Dubai.
Disclaimer: This article does not constitute an offer to sell, solicit an offer to buy, or recommend any securities, goods, or services. It is not investment advice. Please conduct your own research.
$BTC $ETH $USDC
The VARA situation has been successfully resolved!
The delay in addressing this matter was not a result of avoidance but a deliberate effort to fully comprehend its intricacies. This thoughtful approach underscores the transparency and sincerity of the parties involved in this dispute, crucial not only in the WEB3 environment. 🌐
Both HAQQ and Islamic Coin acknowledge the dynamic nature of cryptocurrencies and Web3. They highlight their dedication to innovation, integrity, and compliance with regulatory standards. Teams led by experienced executives and consultants are working diligently to align their operations with new requirements. Rather than seeing the evolving regulatory landscape as a hurdle, they perceive it as a natural progression, allowing for the scrutiny and enhancement of standards in both emerging and established projects. 🚀
In the transition from Web2 to Web3, regulatory involvement is crucial to understanding and defining the boundaries of new principles. #HAQQNetwork and #IslamicCoin Coin respect this process, recognizing that any discrepancies that may arise do not signify an intention to bypass rules but rather reflect the evolving nature of the industry. 🔄
Over the next few days, HAQQ and Islamic Coin pledge to provide more definitive updates and news, showcasing their ongoing commitment to keeping the community well-informed. The message to the community, partners, and stakeholders is crystal clear - Islamic Coin is here to stay, and the future holds promise for those who believe in their vision. 🌟
#CryptoAnalysis #cryptonewstoday #crypto2024
$SYS $CTXC $PERL
The delay in addressing this matter was not a result of avoidance but a deliberate effort to fully comprehend its intricacies. This thoughtful approach underscores the transparency and sincerity of the parties involved in this dispute, crucial not only in the WEB3 environment. 🌐
Both HAQQ and Islamic Coin acknowledge the dynamic nature of cryptocurrencies and Web3. They highlight their dedication to innovation, integrity, and compliance with regulatory standards. Teams led by experienced executives and consultants are working diligently to align their operations with new requirements. Rather than seeing the evolving regulatory landscape as a hurdle, they perceive it as a natural progression, allowing for the scrutiny and enhancement of standards in both emerging and established projects. 🚀
In the transition from Web2 to Web3, regulatory involvement is crucial to understanding and defining the boundaries of new principles. #HAQQNetwork and #IslamicCoin Coin respect this process, recognizing that any discrepancies that may arise do not signify an intention to bypass rules but rather reflect the evolving nature of the industry. 🔄
Over the next few days, HAQQ and Islamic Coin pledge to provide more definitive updates and news, showcasing their ongoing commitment to keeping the community well-informed. The message to the community, partners, and stakeholders is crystal clear - Islamic Coin is here to stay, and the future holds promise for those who believe in their vision. 🌟
#CryptoAnalysis #cryptonewstoday #crypto2024
$SYS $CTXC $PERL
#HAQQNetwork Partners with Mara Foundation to strengthen their presence in Africa, joining forces to reduce inequalities and stimulate the development of the African continent using blockchain technology. Collaborating with partners like Circle, Mara Foundation is forming a coalition of thought leaders to transform Africa's social, economic, and environmental future.
As part of the partnership, plans are underway to establish up to 10 Innovation Labs in Nigeria, focusing on localized training and educational programs in entrepreneurship, youth employability, and advanced digital technologies. This aligns with regional initiatives like 3MTT, which aims to develop technical talent.
The Innovation Labs aim to:
1. Educate the community on key financial topics and technology to empower the next generation to build blockchain solutions.
2. Provide young people with skills and technical equipment to develop solutions they wouldn't otherwise have access to.
Islamic Coin contributes to the initiative by donating 8 million ISLM tokens and providing technical expertise for collaboration in establishing and operating the Innovation Labs.
Mara Foundation will coordinate the creation and operation of the Innovation Labs, identifying qualified incubation/acceleration partners and geographic locations. They will also manage educational content and handle financial, administrative, and operational aspects.
HAQQ emphasizes its genuine interest in Africa through this partnership, supported by a commitment to nurture talent in the region. Establishing a $40 million Ecosystem Fund and initiatives like HaqqPad and Haqq Labs demonstrates their dedication to uplifting early-stage Web3 projects across various sectors.
This strategic relationship with Mara marks the initial step in expanding their work in Africa. HAQQ aims not only to leave digital footprints but also to have a tangible presence through initiatives such as hackathons, fostering innovation, and supporting local talent. #crypto2024 #CryptoInvesting
$RUNE $BTC $SOL
As part of the partnership, plans are underway to establish up to 10 Innovation Labs in Nigeria, focusing on localized training and educational programs in entrepreneurship, youth employability, and advanced digital technologies. This aligns with regional initiatives like 3MTT, which aims to develop technical talent.
The Innovation Labs aim to:
1. Educate the community on key financial topics and technology to empower the next generation to build blockchain solutions.
2. Provide young people with skills and technical equipment to develop solutions they wouldn't otherwise have access to.
Islamic Coin contributes to the initiative by donating 8 million ISLM tokens and providing technical expertise for collaboration in establishing and operating the Innovation Labs.
Mara Foundation will coordinate the creation and operation of the Innovation Labs, identifying qualified incubation/acceleration partners and geographic locations. They will also manage educational content and handle financial, administrative, and operational aspects.
HAQQ emphasizes its genuine interest in Africa through this partnership, supported by a commitment to nurture talent in the region. Establishing a $40 million Ecosystem Fund and initiatives like HaqqPad and Haqq Labs demonstrates their dedication to uplifting early-stage Web3 projects across various sectors.
This strategic relationship with Mara marks the initial step in expanding their work in Africa. HAQQ aims not only to leave digital footprints but also to have a tangible presence through initiatives such as hackathons, fostering innovation, and supporting local talent. #crypto2024 #CryptoInvesting
$RUNE $BTC $SOL
Unlocking Seamless USDC Transfers: A Step-by-Step Guide with Satellite Money
🌐 Seamless USDC Transfers Between Ethereum and @The_HaqqNetwork via @Axl_Satellite!
In a groundbreaking move, you can now effortlessly transfer USDC from Ethereum directly to @The_HaqqNetwork and vice versa through @Axl_Satellite, powered by @Axelarnetwork, our trusted integration partner. To guide you through this transformative experience, we've prepared a step-by-step guide on how to smoothly transfer USDC from Ethereum to HAQQ. Let's dive in!
🔗 Step 1: Visit http://satellite.money
Begin your journey by visiting http://satellite.money. Scroll down and select 'Ethereum' as your starting chain and 'HAQQ' as your destination.
🔒 Step 2: Connect and Unlock Your Wallet
Connect and unlock your MetaMask wallet or any other compatible wallet securely.
💱 Step 3: Input the Amount of USDC
Input the amount of USDC stablecoin you wish to transfer to HAQQ. Experience the magic as your USDC on Ethereum seamlessly transforms into axlUSDC on HAQQ through your Keplr wallet.
✨ Step 4: Double-check and Generate Your Deposit Address
Once you've inputted the correct amount, double-check and generate your deposit address. Approve the transaction to initiate the transfer.
🎉 Congratulations! You've Successfully Transferred USDC from Ethereum to HAQQ!
⏰ Quick and Easy Arrival: Your funds will arrive in about 20 minutes.
🌉 Ready to Embark on Your Shariah-Compliant DeFi Journey with HAQQ?
Start now with Satellite and be a part of the Shariah-compliant Web3 revolution championed at Islamic Coin.
Islamic Coin is a native currency of Haqq, a community-run network, dedicated to empowering an ethics-first Shariah-compliant financial ecosystem.
#ISLM #bullrun $BTC $ETH $XRP #HAQQNetwork #IslamicFinance #binanacesquare
In a groundbreaking move, you can now effortlessly transfer USDC from Ethereum directly to @The_HaqqNetwork and vice versa through @Axl_Satellite, powered by @Axelarnetwork, our trusted integration partner. To guide you through this transformative experience, we've prepared a step-by-step guide on how to smoothly transfer USDC from Ethereum to HAQQ. Let's dive in!
🔗 Step 1: Visit http://satellite.money
Begin your journey by visiting http://satellite.money. Scroll down and select 'Ethereum' as your starting chain and 'HAQQ' as your destination.
🔒 Step 2: Connect and Unlock Your Wallet
Connect and unlock your MetaMask wallet or any other compatible wallet securely.
💱 Step 3: Input the Amount of USDC
Input the amount of USDC stablecoin you wish to transfer to HAQQ. Experience the magic as your USDC on Ethereum seamlessly transforms into axlUSDC on HAQQ through your Keplr wallet.
✨ Step 4: Double-check and Generate Your Deposit Address
Once you've inputted the correct amount, double-check and generate your deposit address. Approve the transaction to initiate the transfer.
🎉 Congratulations! You've Successfully Transferred USDC from Ethereum to HAQQ!
⏰ Quick and Easy Arrival: Your funds will arrive in about 20 minutes.
🌉 Ready to Embark on Your Shariah-Compliant DeFi Journey with HAQQ?
Start now with Satellite and be a part of the Shariah-compliant Web3 revolution championed at Islamic Coin.
Islamic Coin is a native currency of Haqq, a community-run network, dedicated to empowering an ethics-first Shariah-compliant financial ecosystem.
#ISLM #bullrun $BTC $ETH $XRP #HAQQNetwork #IslamicFinance #binanacesquare
Islamic Coin's co-founder, Mohammed AlKaff AlHashmi, highlighted the #MENA region's prominent role in the global crypto economy. MENA ranks sixth globally, recording $389.8 billion on-chain value between July 2022 and June 2023.
AlHashmi discussed:
Global Web3 Hubs: Dubai, Hong Kong, and NYC compete, urging MENA to focus on a responsible Web3 ecosystem through agile regulations and niche markets.
Saudi Arabia's Rise: Saudi Arabia's initiatives, like Vision 2030 and #NEOM , strengthen its influence in MENA's Web3 market. A $50 million NEOM-Animoca Brands partnership aims at a Web3 innovation hub.
Flourishing Blockchain Industry: Collaborations between traditional institutions and blockchain ventures, CBDC exploration, and fintech partnerships drive blockchain adoption.
Crypto Landscape: MENA's crypto scene, with diverse regulations, sees UAE and Bahrain leading with dedicated regulators, strict AML laws, and fintech partnerships. Dubai becomes a crypto giant hotspot.
Future Trends: Anticipated trends include Sharia-compliant products, short-term financing, and integrating digital assets into gaming. The convergence of decentralization with AI and social media will shape MENA's 2024 crypto market.
Overall, MENA's blockchain growth stems from proactive regulations, international investment, collaborations, and a tech-savvy population.
Since the #HAQQNetwork blockchain is the brainchild of the #UAE crypto industry and is supported by the royal family, we can safely say that the project will fight for leadership in the Muslim web3 space
#CryptoNews
$MANTA $SUI $STORJ
AlHashmi discussed:
Global Web3 Hubs: Dubai, Hong Kong, and NYC compete, urging MENA to focus on a responsible Web3 ecosystem through agile regulations and niche markets.
Saudi Arabia's Rise: Saudi Arabia's initiatives, like Vision 2030 and #NEOM , strengthen its influence in MENA's Web3 market. A $50 million NEOM-Animoca Brands partnership aims at a Web3 innovation hub.
Flourishing Blockchain Industry: Collaborations between traditional institutions and blockchain ventures, CBDC exploration, and fintech partnerships drive blockchain adoption.
Crypto Landscape: MENA's crypto scene, with diverse regulations, sees UAE and Bahrain leading with dedicated regulators, strict AML laws, and fintech partnerships. Dubai becomes a crypto giant hotspot.
Future Trends: Anticipated trends include Sharia-compliant products, short-term financing, and integrating digital assets into gaming. The convergence of decentralization with AI and social media will shape MENA's 2024 crypto market.
Overall, MENA's blockchain growth stems from proactive regulations, international investment, collaborations, and a tech-savvy population.
Since the #HAQQNetwork blockchain is the brainchild of the #UAE crypto industry and is supported by the royal family, we can safely say that the project will fight for leadership in the Muslim web3 space
#CryptoNews
$MANTA $SUI $STORJ
HAQQ x TokenPocket: Islamic Finance Meets Digital Revolution – Swap, Secure, and Soar!
Hey there, fellow crypto enthusiasts! Guess what? HAQQ just dropped some major news, and it's got us buzzing with excitement! I'm here to break it down for you in real-time, so buckle up and let's dive into the world of digital finance.
So, here's the scoop: HAQQ has just joined forces with TokenPocket, the heavyweight champion of multi-chain self-custodial wallets. And let me tell you, this is no small feat. We're talking about a game-changing move that brings the ISLM right into the heart of TokenPocket, making it easily accessible to over 3.5 million users across 200 countries. Now that's what I call going global! #BTC
This partnership isn't just a nod to convenience; it's a high-five to efficiency. Picture this: you can now swap your #ISLM for stablecoins like #USDC without breaking a sweat, all within the cozy confines of your TokenPocket wallet. No more juggling between centralized exchanges or bridges – talk about a smooth operator move!
It's not just a feature; it's a game-changer for the ISLM community. Managing your digital assets just got a whole lot simpler, and guess what? It's still fully in line with Shariah principles. HAQQ is leveling up the game for anyone looking to diversify their digital portfolio while keeping it ethically sound.
But hold on, the excitement train doesn't stop there. #HAQQNetwork is on a mission, a mission to spread its wings far and wide. Recently, Coinpayments welcomed ISLM into its fold, a move that opens doors for over 100,000 merchants worldwide. Yep, you heard it right – ISLM is making waves in the realm of Islamic digital finance, and it's not slowing down anytime soon.
Ready to take the plunge? Head over to TokenPocket's website and get that download going. The future of ethical, inclusive, and innovative financial solutions is at your fingertips. #cryptocurrency
Join the HAQQ squad as they continue to innovate and expand – because in this ever-evolving world of crypto, they're here to stay at the forefront. Cheers to a year of groundbreaking moves, and here's to many more in the exciting journey ahead!
$USDC $BTC $ETH
So, here's the scoop: HAQQ has just joined forces with TokenPocket, the heavyweight champion of multi-chain self-custodial wallets. And let me tell you, this is no small feat. We're talking about a game-changing move that brings the ISLM right into the heart of TokenPocket, making it easily accessible to over 3.5 million users across 200 countries. Now that's what I call going global! #BTC
This partnership isn't just a nod to convenience; it's a high-five to efficiency. Picture this: you can now swap your #ISLM for stablecoins like #USDC without breaking a sweat, all within the cozy confines of your TokenPocket wallet. No more juggling between centralized exchanges or bridges – talk about a smooth operator move!
It's not just a feature; it's a game-changer for the ISLM community. Managing your digital assets just got a whole lot simpler, and guess what? It's still fully in line with Shariah principles. HAQQ is leveling up the game for anyone looking to diversify their digital portfolio while keeping it ethically sound.
But hold on, the excitement train doesn't stop there. #HAQQNetwork is on a mission, a mission to spread its wings far and wide. Recently, Coinpayments welcomed ISLM into its fold, a move that opens doors for over 100,000 merchants worldwide. Yep, you heard it right – ISLM is making waves in the realm of Islamic digital finance, and it's not slowing down anytime soon.
Ready to take the plunge? Head over to TokenPocket's website and get that download going. The future of ethical, inclusive, and innovative financial solutions is at your fingertips. #cryptocurrency
Join the HAQQ squad as they continue to innovate and expand – because in this ever-evolving world of crypto, they're here to stay at the forefront. Cheers to a year of groundbreaking moves, and here's to many more in the exciting journey ahead!
$USDC $BTC $ETH
Hey fellow crypto enthusiasts! 👋
I wonder what caused Islamic Coin to rise so much the other day? Maybe a new listing is coming up?
Write your thoughts under the post I am very interested to know your opinion 👇
#ISLM #cryptocurrency #IslamicCoin #HAQQNetwork
$ATOM $BTC $ETH
I wonder what caused Islamic Coin to rise so much the other day? Maybe a new listing is coming up?
Write your thoughts under the post I am very interested to know your opinion 👇
#ISLM #cryptocurrency #IslamicCoin #HAQQNetwork
$ATOM $BTC $ETH
USDC Joins HAQQ Ecosystem via Axelar (Part Two)
Hello, reader! 🚀 Today, we're going to discuss an innovative piece of news that is poised to make a splash in the decentralized finance (DeFi) arena. We're talking about the integration of USDC into the HAQQ ecosystem, which combines Sharia-compliant principles with cutting-edge technology. I want to delve into this topic because it's genuinely intriguing! #DeFi
I'd like to remind you that HAQQ is an EVM-compatible chain built on the Cosmos SDK. The technology underlying HAQQ allows any smart contract created on other EVM chains to be deployed in the new network without any modifications. The ISLM token serves as the "native" currency of HAQQ. #HAQQNetwork
Thanks to the "wizards" at Axelar, USDC can now seamlessly connect to the HAQQ blockchain. What does this mean for you? You can now effortlessly transfer USDC from Ethereum Mainnet and over 50 other chains directly to and from HAQQ directly to HAQQ. #Axelar
But what truly captivates me is the philosophy behind it all. HAQQ's mission is to balance Sharia-compliant principles with cutting-edge technology, creating not only an innovative but also a fair and sustainable financial system. Now, that's something I can get behind!
Axelar, the partner of HAQQ, is a genius in the realm of secure cross-chain communication for Web3. They have built an infrastructure that enables interaction with any asset or application on any chain with just one click. This is about simplifying the complex world of decentralized applications.
With its massive market capitalization of $24 billion, USDC provides stability in the volatile cryptocurrency market. It serves as an anchor for DeFi transactions, ensuring the consistency of trading operations, lending, and borrowing. And now, users of HAQQ can seamlessly access and transfer #USDC across chains supported by Axelar!
HAQQ is exploring the possibility of issuing gold-backed tokens in accordance with Sharia principles. This aligns completely with Islamic financial principles, offering a stable and ethical investment option. The integration into the Axelar network aims to make these tokens more accessible, potentially ushering in a new era for Sharia-compliant DeFi.
Now, you might be wondering how to go about transferring USDC. In this article, I've endeavored to provide a simple step-by-step guide on transferring USDC from #Ethereum to HAQQ using Axelar's Satellite Money. In my case, I had to wait approximately 20 minutes for the USDC transfer to the HAQQ network.
Steps on How to Connect Your USDC from Ethereum to HAQQ via Axelar's Satellite Money:
Visit Satellite.money, a web interface built on Axelar, enabling asset transfers between EVM and Cosmos chains.Choose "Ethereum" as the source chain and "HAQQ" as the target chain.Connect your Ethereum wallet (usually MetaMask) where your funds to be connected are stored. #MetaMask To receive USDC in the form of axlUSDC (USDC wrapped in Axelar with a 1:1 peg), download and connect your Keplr wallet on the destination tab. As always, remember to keep your private keys secure.After connecting your Keplr and MetaMask wallets, click the "Create Deposit Address" button at the bottom.Sign the transaction using your Ethereum wallet. Your USDC is now on its way!Wait for approximately 20 minutes for the transaction to be confirmed. Your USDC is now connected to HAQQ!
Exciting times lie ahead for HAQQ as it actively collaborates with partners and builders to embark on a thrilling phase of Shariah DeFi. To support early-stage projects aligning with their ethical vision, the company has established an ecosystem fund amounting to $40 million. If you are working on something innovative, it's definitely worth paying attention to!
$ETH $BTC $BNB
I'd like to remind you that HAQQ is an EVM-compatible chain built on the Cosmos SDK. The technology underlying HAQQ allows any smart contract created on other EVM chains to be deployed in the new network without any modifications. The ISLM token serves as the "native" currency of HAQQ. #HAQQNetwork
Thanks to the "wizards" at Axelar, USDC can now seamlessly connect to the HAQQ blockchain. What does this mean for you? You can now effortlessly transfer USDC from Ethereum Mainnet and over 50 other chains directly to and from HAQQ directly to HAQQ. #Axelar
But what truly captivates me is the philosophy behind it all. HAQQ's mission is to balance Sharia-compliant principles with cutting-edge technology, creating not only an innovative but also a fair and sustainable financial system. Now, that's something I can get behind!
Axelar, the partner of HAQQ, is a genius in the realm of secure cross-chain communication for Web3. They have built an infrastructure that enables interaction with any asset or application on any chain with just one click. This is about simplifying the complex world of decentralized applications.
With its massive market capitalization of $24 billion, USDC provides stability in the volatile cryptocurrency market. It serves as an anchor for DeFi transactions, ensuring the consistency of trading operations, lending, and borrowing. And now, users of HAQQ can seamlessly access and transfer #USDC across chains supported by Axelar!
HAQQ is exploring the possibility of issuing gold-backed tokens in accordance with Sharia principles. This aligns completely with Islamic financial principles, offering a stable and ethical investment option. The integration into the Axelar network aims to make these tokens more accessible, potentially ushering in a new era for Sharia-compliant DeFi.
Now, you might be wondering how to go about transferring USDC. In this article, I've endeavored to provide a simple step-by-step guide on transferring USDC from #Ethereum to HAQQ using Axelar's Satellite Money. In my case, I had to wait approximately 20 minutes for the USDC transfer to the HAQQ network.
Steps on How to Connect Your USDC from Ethereum to HAQQ via Axelar's Satellite Money:
Visit Satellite.money, a web interface built on Axelar, enabling asset transfers between EVM and Cosmos chains.Choose "Ethereum" as the source chain and "HAQQ" as the target chain.Connect your Ethereum wallet (usually MetaMask) where your funds to be connected are stored. #MetaMask To receive USDC in the form of axlUSDC (USDC wrapped in Axelar with a 1:1 peg), download and connect your Keplr wallet on the destination tab. As always, remember to keep your private keys secure.After connecting your Keplr and MetaMask wallets, click the "Create Deposit Address" button at the bottom.Sign the transaction using your Ethereum wallet. Your USDC is now on its way!Wait for approximately 20 minutes for the transaction to be confirmed. Your USDC is now connected to HAQQ!
Exciting times lie ahead for HAQQ as it actively collaborates with partners and builders to embark on a thrilling phase of Shariah DeFi. To support early-stage projects aligning with their ethical vision, the company has established an ecosystem fund amounting to $40 million. If you are working on something innovative, it's definitely worth paying attention to!
$ETH $BTC $BNB