NEAR Foundation Partners with Everclear to Accelerate Cross-Chain Stablecoin Settlement

TL;DR NEAR invested in Everclear to automate stablecoin settlement across blockchains and scale operations to billions per month. The integration with Intents and Chain Abstraction enables efficient netting and rebalancing without relying on exchanges or manual interventions. They aim to build a frictionless, automated liquidity network inspired by Visa or SWIFT, but focused on crypto. source: https://crypto-economy.com/near-foundation-partners-with-everclear-to-accelerate-cross-chain-stablecoin-settlement/