Strategic Investment Boosts Blockchain Interoperability
Tether Investments recently announced a strategic investment in LayerZero Labs, aiming to advance interoperability infrastructure within the global blockchain ecosystem. As a leading developer of cross-chain technology, LayerZero Labs has successfully enabled cross-chain transfers of various digital assets, including stablecoins and precious metal tokens.
Wide Application of Cross-Chain Technology
LayerZero's technology has been used to support the cross-chain transfers of assets such as USDt0 and XAUt0. Since its launch, USDt0 has facilitated over $70 billion in cross-chain transactions within less than a year, demonstrating the efficiency and global scalability of the technology. This achievement indicates that cross-chain solutions not only enhance asset liquidity but also lay the foundation for future multi-chain ecosystems.
Vision from Industry Leadership
Paolo Ardoino, CEO of Tether, stated that LayerZero's technology provides critical support for real-time cross-chain transfers of digital assets, particularly in micro-payment scenarios within the AI agent economy. He emphasized that as blockchain technology evolves, cross-chain interoperability will become a vital bridge connecting different networks.