Wormhole launches intent protocol suite Wormhole Settlement

Foresight News reports that Wormhole has launched the Wormhole Settlement, an intent protocol suite based on Solana, which enables fast multi chain transmission at institutional scales. Wormhole Settlement consists of three complementary protocols: the liquidity layer (an institutional level intent protocol built on Solana) Mayan Swift (an on chain auction intent protocol optimized for speed) and MCTP (a combined protocol based on Circle's CCTP). By integrating Wormhole Settlement, developers can now enable users to achieve asset redemption with high reliability and full composability.