DeFi· ★★★· bullish·

LayerZero Partners With Anchorage Digital for Cross-Chain Stablecoin Issuance

  • —Anchorage Digital picked LayerZero as its interoperability partner for stablecoin issuance
  • —Issued assets will be compatible with more than 170 blockchain networks
  • —Tether's USAT will be the first stablecoin to adopt the OFT standard
  • —Support will cover Ethereum, EVM-compatible networks and Solana
Why it matters: Institutional stablecoins gain a unified cross-chain infrastructure, reducing liquidity fragmentation and simplifying settlement for banks.
#USDT
Source: Crypto Economy
More on this
Markets · 10:05
24h fund flows: BTC and ETH see net inflows, USDT and ZEC bleed
 Exchanges · 09:20
MEXC blocked 215 suspicious transactions worth $38.7M in July–August
 DeFi · 07:15
Messari launches stablecoin reserve tracking tool for USDT and USDC