BRINGING INTEROPERABILITY TO ARBITRUM AND ETHEREUM

Summary from the TLDR Crypto newsletter

Offchain Labs is improving interoperability between Arbitrum (L2) and Ethereum (L1) by introducing a Universal Intent Engine. This will enable crosschain swaps and transfers in less than three seconds. The Arbitrum team hopes to facilitate trustless, cost-efficient interactions across EVM-compatible chains by bringing interoperability to Arbitrum and Ethereum.