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In the cryptocurrency world, "CashBridge" refers to a type of blockchain bridge or cross-chain protocol that facilitates the transfer of assets between different blockchain networks. Blockchain bridges are essential for interoperability among various decentralized networks, allowing tokens, data, or other forms of value to move from one blockchain to another, which are otherwise isolated from each other due to different protocols, consensus mechanisms, or governance models. CashBridge specifically can enable users to transfer cryptocurrencies like Bitcoin or Ethereum to other blockchains where they can be used in decentralized finance (DeFi) applications, for trading NFTs, or for other blockchain-specific uses.
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