Wormhole launches intent protocol suite Wormhole Settlement

Wormhole has launched Wormhole Settlement, a Solana-based intent protocol suite that enables fast multi-chain transfer at the institutional scale. Wormhole Settlement consists of three complementary protocols: the liquidity layer (an institutional intent protocol built on Solana), Mayan Swift (an on-chain auction intent protocol optimized for speed), and MCTP (a protocol combined on Circle's CCTP). By integrating Wormhole Settlement, developers can now enable users to redeem assets with high reliability and full composability.