River Expands Stablecoin Protocol to Base Network

River, a stablecoin protocol, has expanded its operations to the Base network. According to Foresight News, River was previously deployed on Ethereum and BNB Chain. River highlighted that Base is currently the leading Layer 2 network in terms of activity on the Ethereum chain, with a DeFi total value locked (TVL) exceeding $4 billion and a stablecoin market capitalization of $4.7 billion. The network also boasts nearly 500,000 daily active addresses. With River's integration into the Base network, users can now hold, use, and build natively within this ecosystem.