The Avalanche ecosystem will benefit from three remarkable developments announced this week with Coinbase Cloud integration, BTC support, and UST trading. Web 3 developer Hub Coinbase has added a suite tool to support developments in the cloud Avalanche blockchain and smart contract platform.
As part of the new support feature, Coinbase Cloud is running an Avalanche (AVAX) public validator node. This allows Avalanche Network participants to share their AVAX tokens with Coinbase Cloud and empower them to validate blockchain transactions.
Ethereum Virtual Machine (EVM) compatibility enables a network to benefit from Ethereum (ETH) network security. Tokens can be seamlessly bridged between EVM compatible chains.