
It’s not exactly a secret that moving assets between blockchains can be a hassle. Honestly, it’s often a real headache. But a few projects are trying to smooth things out, and their latest collaboration might actually help.
Enso, which builds those handy transaction shortcuts, and Reservoir, known for its rUSD stablecoin, have just launched something called OneStable. They’re working with Stargate and LayerZero on it. The basic idea is to let people mint stablecoins across different networks without all the usual manual steps.
How It Actually Works
Basically, OneStable lets you do what they’re calling “one-click omnichain minting.” That’s a mouthful, I know. In practice, it means if you’re a DeFi user hopping between chains, you might not need to manually swap tokens or use a bridge for every single transaction. You just click once. The feature is built as an Enso shortcut and is launching with Reservoir’s ecosystem.
That ecosystem includes a couple of yield-bearing options, srUSD and wsrUSD. The integration could let users tap into cross-chain yields and liquidity without ever leaving their preferred chain. It might also help consolidate some of that scattered AMM liquidity. That’s a persistent issue—liquidity tends to get split up across too many places.
The Scale of the Project
It’s not a tiny project, either. Reservoir’s whole stablecoin system has a market cap of about $192 million. Roughly $72 million of that is in rUSD itself, and the other $120 million is in its staked version, srUSD. So there’s a real pool of assets here.
The press release says users can tap into the main liquidity from Reservoir’s Peg Stability Module from any chain. Again, just with one click. The goal is to streamline the whole cross-chain model. Maybe it could even be a partial answer to DeFi’s big liquidity fragmentation problem. I think it’s a step, at least.
What The Builders Are Saying
Connor Howe, Enso’s CEO, put it like this: “OneStable simplifies the entire stablecoin lifecycle. It gives protocols the ability to concentrate liquidity where it’s most efficient, while still enabling users to access DeFi opportunities across chains, without touching a bridge.”
Someone from Stargate, who goes by Lamps, added that the project shows how their messaging and liquidity rails can help with stablecoin distribution.
It all sounds promising. But in crypto, the real test is always in the using. Will it work as smoothly as they say? We’ll have to see. For now, it looks like a decent attempt to make a complicated process just a little bit simpler.