Ava Labs simplifies L1 token transfers with Avalanche ICTT

Ava Labs introduces Avalanche ICTT, or Avalanche interchain token transfer, an efficient and harnessed service for builders to set up contracts for token transfers on Avalanche. This advancement simplifies the conventional complications and high-cost procedures associated with developing and auditing smart contracts that are intended to facilitate the transfer of tokens between layer 1 blockchains. …

Source: CryptoNewsZ