Ren: I feel like a lot of these bridges people are finding out that at the end of the day they are controllable or directly managed by a multi-sick wallet. More than two billion dollars has been lost to a bridge today and it's always some centralized entity doing some like funky stuff or like avoidable human error, he says. Ren: An increasing proportion of that bridging flow will be valid or solved through a centralized bridging solution like cctp. The space will over time converge at least for bridging and especially for stablecoins converge to sort of centralized bridging solutions once circles cross chain is kind of live.

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