On Monday, the LayerZero team announced via X that LayerZero now powers interoperability for the Converge ecosystem, connecting it to 125+ chains. This includes the expansion of USDe, sUSDE, ENA, and USDtb to Converge alongside many of the industry’s most valuable assets and applications.
Converge is the settlement layer for traditional finance and digital dollars, merging the worlds of TradFi and DeFi - built by Ethena Labs and Securitize.
LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $2.280, down 2% in the last 24 hours.