On Tuesday, the LayerZero team announced via X that pStake Finance had gone omnichain with LayerZero’s OFT Standard. YBTC is an institutional Bitcoin LST on Babylon.
pSTAKE has integrated the OFT standard, enabling YBTC, a $35M+ asset, to move seamlessly across chains.
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 $4.193, up 4% in the last 24 hours.