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Zoth Integrates with LayerZero

Twitter icon  •  Published för 1 månad sedan  •  Hassan Maishera

On Friday, the LayerZero team announced via X that it has integrated with Zoth to bring RWA-backed stablecoins omnichain.

On Friday, the LayerZero team announced via X that it has integrated with Zoth to bring RWA-backed stablecoins omnichain. $ZeUSD, a next-generation stablecoin backed by ZTLN and high-quality RWAs, has integrated LayerZero's OFT standard for native transfers across multiple chains.

Zoth is a platform that bridges liquidity across TradFi and OnchainFi protocols. With LayerZero's OFT infrastructure, this integration will allow users unparalleled access to fixed-yield RWA products on their preferred network. Users can now effortlessly bridge ZeUSD along with other high-quality RWA tokens issued on ZothFi across networks.

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 $3.985, down 1.5% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.