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Through the collaboration, Axelar will be the first cross-chain protocol to join Microsoft’s Azure marketplace. On July 11, cross-chain protocol Axelar and tech giant Microsoft announced a partnership to bridge public and private blockchains. The collaboration will see Axelar joining Microsoft’s Azure marketplace, becoming the first cross-chain protocol listed on the developer’s online store. Galen Moore, Axelar’s spokesperson, told Cointelegraph that the initiative would enable Axelar to reach tens of thousands of companies that use Azure, Microsoft’s cloud service. “This has tremendous potential for products that integrate established internet technology with public blockchain s in ways that are meaningful for users,” Moore stated. In the marketplace, developers will have access to tools via the AxelarJS software development kit (SDK), as well as Axelar’s general message passing, which helps developers integrate functionality independently of blockchain s and databases. The companie

“We need more transparency over the reserves of these stablecoins, which I think we’re going to see,” Clara Medalie said. Blockchain infrastructure provider Paxos has recently published a report, that aims at helping the community look beyond the crypto winter and understand how to respond to the current market conditions.  Inside the 20 pages of the Paxos Crypto Winter Report 2023, the infrastructure provider identified several key opportunities for projects during the crypto winter. This includes seeking solutions and finding potential partnerships for their projects. Within the report, Clara Medalie, the director of research at the digital asset data provider Kaiko, said that solutions like stablecoins remain one of the crypto use cases that have "consistently proven itself over time.” Medalie said that stablecoins have been very useful for the entire industry. Total value settled with stablecoins by year. Source: Paxos Report Despite being one of the use cases that proved its