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💰Layer Zero in the past 6 months: From the Stargate acquisition to the PayPal collaboration Completing the revenue structure with the Stargate acquisition - Acquired Stargate, the industry's leading bridge, for $110 million - All protocol fees generated by Stargate were invested in the buyback of $ZRO - Protocol revenue increased by $ZRO Establishing a structure directly linked to buybacks PayPal adopts LayerZero's OFT standard - The same PYUSD can be used on multiple chains, including Ether and Solana - Securely transfers original assets without the security vulnerabilities of wrapped tokens - Cross-chain infrastructure chosen by conservative traditional financial institutions - Establishing itself as a standard for stablecoin interoperability Collaboration with the State of Wyoming - The State of Wyoming, USA, has adopted LayerZero as its official infrastructure - LayerZero technology is applied to the issuance and operation of state-run stablecoins - Stability and security recognized even by conservative government agencies - Opening up the possibility of expansion into the US public sector ✍️ LayerZero has established a substantial revenue structure through the acquisition of Stargate and has entered the institutional market through adoption by institutions like PayPal and the State of Wyoming. With traffic directly linked to token value, LayerZero is evolving beyond simple infrastructure into a protocol that fosters real-world use and value return. 👀 This content was created in collaboration with LayerZero.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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