How does Cycle Network spark a storm of popularity for Web3 assets and applications?
Author: bms
When Circle rings the bell at Nasdaq in June 2025, the large-scale adoption of stablecoins will finally shed the "proof of concept" label and gain real capital market coordinates. As Circle CEO Jeremy Allaire stated at TOKEN 2049: "We are moving towards a world where assets flow as seamlessly as sending an email, without chains or borders." However, today's multi-chain environment still resembles the gateway of the dial-up internet era: developers patching compatibility across various chains, while users jump back and forth between wallets, networks, and gas fees. Web3 assets urgently need an infrastructure upgrade akin to cloud-native for Web2—encapsulating underlying complexity into a unified abstraction layer, allowing application innovation to no longer be constrained by chain boundaries, and thoroughly smoothing out the friction caused by multi-chain asset issuance and applications.
I. Why Web3 Assets Need a "Superconductor" that Connects Multiple Chains
In the past two years, the explosive growth of Layer 2 and application chains has made on-chain assets seem to be "blooming everywhere," but for end users, in the cross-chain financial topology, Web3 assets face not just simple transfer delays, but a set of overlapping systemic issues:
1. Capital-Level "Multiple Constraints"
If institutional capital pools want to deploy simultaneously across networks like Ethereum, Berachain, and Sonic, they must repeatedly undergo the cycle of "locking → minting → unlocking → reminting"; each state migration is exposed to gray rhino risks such as bridge contract reentrancy, beacon delays, and finality.
From a compliance perspective, the situation is even sharper: when a stablecoin or securitized asset exists across multiple chains and jurisdictions, it often needs to satisfy KYC/AML reporting for both the "source of funds" and "destination of funds" simultaneously. If a business or individual fails to report in sync, they risk having their assets frozen or facing money laundering charges. Additionally, some countries require that when foreign on-chain assets return to the domestic market, they must be re-entered into the local capital account.
2. User Experience and Developer "Protocol Vision Obscurity"
For end users, the sequence of "transaction signing → network switching → gas calculation → waiting for confirmation" essentially exposes the internal complexity of the protocol to them; once cross-chain, they must also grapple with additional information noise such as "mapped token discounts, liquidity depth on bridges, and oracle timeliness." The result is that fund composability is fragmented, and inter-chain friction rates soar.
Developers face "three-way coupling damping," needing to manually handle asynchronous gas fee reimbursements, flash loan rollback boundaries, and Merkle proof depth differences when invoking multi-chain liquidity; even with the help of universal bridges, they must constantly monitor Router reordering and Sequencer congestion.
Due to differing security models, contract calling paths present the paradox of "shortest logical stack ≠ lowest trust stack": what seems like a simple exchange between two chains is actually extended to N + 1 potential attack surfaces.
II. The Path to Reducing Friction for Web3 Assets in the Multi-Chain Era
Currently, the industry has formed three approaches around "allowing assets to be issued anywhere and used anywhere," each targeting different aspects of inter-chain friction:
Everclear focuses on "net intent"—it uses a Netting Solver to offset excess paths locally, helping institutions reduce rebalancing and hedging costs when deploying across multiple networks;
Particle Network starts from account abstraction, using a Universal Account to unify identities, signatures, and authorizations from different chains into a single interface, eliminating the mental burden of users switching wallets and networks back and forth;
One Balance emphasizes real-time portfolio management and lightweight cross-chain exchanges, aggregating tokens, LP positions, and NFTs from various chains into a single asset view, with built-in native routing supporting small-scale chain swaps. Each has its strengths, yet all still rely to varying degrees on underlying bridging or decentralized liquidity.
Recently, the Cycle Network, incubated by Yzi Labs and led by Vertex Ventures under Temasek, has chosen to dig one layer deeper: through Verifiable State Aggregation, it aggregates multi-chain states into a unified secure consensus, aligning "settlement finality" and "liquidity depth" simultaneously, providing a cloud-native-like abstract foundation for upper-layer applications to freely call upon the aforementioned three types and more innovations.
III. What is Cycle Network
3.1 An Innovative Multi-Chain Settlement Layer
Cycle Network is a "multi-chain settlement layer" designed to eliminate multi-chain friction, aggregating the states of over 20 networks, including Ethereum, BNB Chain, Arbitrum, Berachain, and Monad, into a unified settlement surface through its self-developed Verifiable State Aggregation technology and Symbiotic security consensus. Users and developers no longer need to rely on traditional cross-chain bridges to access assets from different chains.
3.2 Core Advantages of Cycle Network
The core advantage of Cycle Network lies in "hiding" the complex cross-chain processes within the underlying protocol: leveraging Verifiable State Aggregation and Rollin/Rollout APIs, users only need to sign once to complete asset transfers within any dApp, without needing to understand bridges, network switching, or gas tokens, thus eliminating the cognitive and operational barriers of traditional cross-chain processes.
At the same time, Cycle abstracts ETH, BTC, stablecoins, and even RWA assets on both EVM and non-EVM chains into the same liquidity pool through a unified settlement layer and liquidity routing, enabling free invocation of any asset on any chain, allowing developers to combine multi-chain assets as easily as calling an API.
In simple terms, Cycle has built a gate at the confluence of multiple rivers—water flow is no longer tangled at the source; just lift the gate, and the assets flow smoothly downstream.
3.3 Product Deep Dive: Simultaneous Efforts for B-end and C-end
A Boon for B-end Developers: Rapid Deployment of Chain Abstraction SDK
For developers, Cycle Network has launched the Cycle SDK, which essentially encapsulates Verifiable State Aggregation capabilities into an easy-to-access development toolkit. Developers only need to introduce the Rollin/Rollout module in their contracts or servers to upgrade a single-chain application to a truly chain-abstracted dApp within ≤ 1 day, without needing to manually write bridging logic or maintain multiple front-end network switches. The SDK includes automatic liquidity routing, unified gas estimation, and Symbiotic shared security verification, while also opening Webhook and Subgraph for real-time monitoring and risk control of multi-chain transactions in the backend.
Practical application scenarios include:
- Decentralized Exchange (DEX): Utilizing the SDK's aggregated liquidity to facilitate cross-ecosystem trades like ETH --- BNB and BTC --- wBERA in the same matching pool; user trading paths feel no different from single-chain experiences, yet can automatically split into multiple chain liquidity sources in the background.
Cross-Chain Lending Platforms: Developers can use Rollout to collateralize assets on one chain and borrow stablecoins on another, with all collateral value and liquidation logic unified and verified by Cycle's settlement layer → significantly reducing liquidation delays and price difference risks.
On-Chain Games: Game studios only need to integrate the SDK once to allow players to purchase Bera chain NFT items with SOL or settle gas fees with USDC; players perceive this as "direct payment," while the complex multi-chain processes are completed in the background.
The Popular "Goose Raising" Mini-Game on TikTok: Golden Goose
Golden Goose is the most representative C-end DeFi application in the Cycle ecosystem: it has turned "chain abstraction + gamification" into a tangible revenue entry point, allowing Web 2 users to earn on-chain returns with a single click, without needing to switch networks or prepare gas. The platform is divided into Game Mode and Pro Mode: the former packages revenue strategies into a goose-raising game, combining an NFT growth system with a cyclical reinvestment mechanism; the latter integrates structured strategies like stable interest arbitrage, LP mining, and lending arbitrage to provide returns.
On TikTok, some describe Golden Goose as an automatic dividend "on-chain vending machine": you just need to drop a "start" button, and the intricate cross-chain gears quietly turn in the background, packaging liquidity and strategies from multiple chains into yield eggs that roll out to you—without needing to understand wallets or switch networks, just collect the money. (Note: be aware of risks)
IV. Driving On-Chain Assets: Cycle Network's Value Positioning in Stablecoins and RWA
4.1 Why Stablecoins and RWA Have Become Global Focuses
Hedging and liquidity demands: Global macro volatility has intensified, with fiat currency inflation and capital controls creating a strong demand for USD-denominated, on-chain real-time settlement assets. According to the latest data from Coingecko, the circulating market value of stablecoins has surpassed $250 billion.
Acceleration of asset digitization: Regulatory sandboxes and on-chain settlement pilots are continuously being implemented, with Real-World Assets such as real estate, accounts receivable, and government bonds seen as the most certain track for blockchain implementation.
Cost and transparency advantages: On-chain transfers and settlements have average fees an order of magnitude lower than traditional cross-border systems, while programmability provides instant verifiable underlying data for auditing and compliance.
4.2 How Cycle's Multi-Chain Settlement Mechanism Becomes Infrastructure for Stablecoins and RWA?
4.3 From Past "Fringe Experiments" to Concrete Application Scenarios
Multi-Chain Stablecoin Settlement Gateway: Issuers can mint USDC on Chain A and map the same amount of assets to Chain B without bridges through Cycle's settlement layer, completing merchant payments with zero slippage. For users, the payment path is no different from traditional card payments.
RWA Secondary Market Matching: Suppose tokenized government bonds are issued on the OP Stack chain; institutional market makers can manage positions on Berachain and quote on Arbitrum, with the underlying net settlement completed by Cycle, avoiding price difference risks caused by bridge delays.
Cross-Border Payroll/Supply Chain Settlement: Companies in LATAM can pay salaries in stablecoins, while suppliers in SEA can instantly convert to local fiat through Cycle's automatic path optimization and batch netting, saving over 50% in fees and 1-2 business days in arrival time compared to traditional SWIFT.
4.4 Cycle's Long-Term Impact on the Sector
Cost curve downward: The marginal cost of multi-chain issuance and settlement approaches zero, significantly lowering the issuance threshold for RWA.
Liquidity depth enhancement: Unified liquidity routing reduces fragmentation, allowing stablecoins and RWA to serve as collateral or payment mediums on more chains.
Compliance bridge improvement: Standardized APIs and verifiable state proofs provide real-time data interfaces for auditing agencies and regulators, accelerating the formation of compliance frameworks.
V. Growth Leverage and Ecological Flywheel: A Business Perspective on Cycle
5.1 Quantifying Opportunities: From "Niche DeFi" to "Trillion-Dollar Real Assets"
DeFi user base: According to DeFiLlama's 2025 data, there are fewer than 20 million active wallets on-chain across the network; if the multi-chain threshold is completely eliminated, referencing the penetration curve of mobile payments from early trials to widespread adoption, a five-year exponential expansion to 100 million - 150 million is not exaggerated;
Stablecoin market: The latest total market value has exceeded $250 billion; if the global annual scale of cross-border payments is $150 trillion (McKinsey, 2024), even a 1% migration on-chain would represent $1.5 trillion in liquidated flow for the settlement network;
RWA potential: A BCG report predicts that by 2030, the scale of on-chain real assets could reach $16 trillion; these assets require a secure, low-friction cross-chain liquidity layer.
5.2 Revenue Structure: Multi-Source Cash Flow Rather Than Single-Point Betting
C-end: Golden Goose has already generated over $200,000 in in-app purchases and strategy sharing in the first two quarters of 2025; as daily active users and reinvestment rates continue to rise, this growth curve is the most rapid;
B-end: The Cycle SDK adopts a hybrid model of subscription + transaction commission; once more DApps hand over settlement to Cycle, SDK fees and enterprise customization services will bring predictable annual revenue;
Infrastructure: Although the inter-chain settlement fees for Rollin/Rollout start low, as over 20 chains connect simultaneously and daily cross-chain volumes increase to tens of millions or even billions, its "infrastructure tax" will become the most stable cash flow.
Key Point: The revenue side presents a three-layer progression of C-end consumption (quick money) + B-end subscriptions (stable money) + infrastructure tax (long tail), avoiding reliance on a single blockbuster or airdrop hype.
5.3 User Funnel: Guiding Web2 Naturally to On-Chain
Cycle is not "just another cross-chain bridge," but rather makes the logic of cross-chain bridges an invisible public foundation, naturally becoming a lever for accumulating traffic entry points.
When the promotional side first achieves exposure through TikTok and X videos, it then guides the audience into the site with a "wallet installation" landing page. Subsequently, one-click binding and fiat direct charging complete account activation; each level of the funnel establishes quantifiable KPIs, allowing marketing budgets and product optimizations to iterate precisely, rather than relying on airdrops to grab attention.
As new liquidity flows into Cycle through Rollin/Rollout, it not only directly contributes to transaction fees but also increases the strategy capacity and yield of C-end products; higher yields attract more C-end users and funds, further driving liquidity expansion. Meanwhile, yield demonstrations will attract developers to adopt the Cycle SDK, reusing the same settlement layer in scenarios like DEX, lending, chain games, and payment gateways—more developers lead to higher capital turnover rates, lower fees, and faster flywheel rotation.
VI. Liquidity Hub ------ Injecting Liquidity into the Underlying Settlement Layer
Cycle Network announced that it will launch the Cycle Liquidity Hub public beta this week, opening the underlying liquidity pool to any user holding USDC or USDT. Unlike traditional liquidity mining, which locks funds into a single protocol, the funds in the Liquidity Hub will be directly injected into Cycle's multi-chain settlement buffer zone, serving as real-time clearing reserves for Rollin/Rollout.
As of mid-June, Cycle's mainnet has secured over $400 million in TVL through Symbiotic's shared security mechanism, consistently ranking among the top three in the Symbiotic network, becoming one of the core multi-chain settlement networks under its high-staking system. This means that the multi-chain liquidity and settlement operations supported by Cycle are running on a high-security foundation backed by real assets.
This means that Cycle's users are not just participants but co-builders of the settlement network: your stablecoins not only pursue yields but also provide deep liquidity for the multi-chain clearing system, directly enhancing the capital efficiency and security redundancy of all DApps.
Conclusion: A "Key Link" to the Mass Era of Web 3
Transitioning from the dial-up era to mobile internet, from check clearing to second-level payments, each infrastructure reconstruction is an upgrade of the value transfer paradigm. In the world of Web3, the true "popular storm" does not arise from a single protocol or hot narrative, but from the joint evolution of underlying trust and experience.
Cycle Network is proposing a brand-new answer at this historical juncture: reshaping interaction paradigms with chain abstraction, breaking down liquidity barriers with unified settlement, and building a multi-chain clearing network without bridges on the vision of "any asset, any chain, one click"—making the flow of value on-chain no longer a technical gamble, but a part of daily life.
As stablecoins and RWA become the main forces of on-chain assets, and as a new generation of users seamlessly access Web3 through games, content, and payments, Cycle not only provides the path but also becomes a high-speed channel for trust to freely traverse between chains.
Future Web3 applications will no longer ask "on which chain," but will, like how we use electricity and the internet today, become accustomed to "it's just there." And that invisible yet powerful value channel may very well be called Cycle. The era of cloud-native on-chain has already begun.