Tether announced a strategic investment in LayerZero Labs, a developer of cross-chain interoperability protocols, to support its cross-chain infrastructure development. Tether stated that USDt0, a fully fungible token built on LayerZero, has facilitated over $70 billion in cross-chain value transfers in less than 12 months since its launch. Tether CEO Paolo Ardoino stated that LayerZero's interoperability technology provides a key foundational capability for the real-time transfer of digital assets between different blockchains.
Tether announced a strategic investment in LayerZero Labs, a developer of cross-chain interoperability protocols.
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