Anchorage Digital has chosen LayerZero as the interoperability partner for its stablecoin issuance, according to a post from LayerZero on X. The arrangement will provide omnichain cross-chain support for stablecoins issued through Anchorage Digital Bank, N.A. LayerZero said institutional-grade stablecoins launched on Anchorage’s issuance platform will use its Omnichain Fungible Token, or OFT, standard for transfers across multiple networks. Those networks include Ethereum, EVM-compatible chains and Solana. LayerZero also said Tether’s USAT will be the first stablecoin from the bank to connect to LayerZero interoperability through the OFT standard. The disclosure came from LayerZero’s own social media post, and no additional details on timing or rollout terms were included in the source material.
Anchorage Digital has selected LayerZero as the interoperability partner for its stablecoin issuance, according to a post published by LayerZero on X. The setup will provide omnichain cross-chain support for stablecoins issued through Anchorage Digital Bank, N.A.
LayerZero said institutional-grade stablecoins on Anchorage’s issuance platform will use its Omnichain Fungible Token, or OFT, standard for transfers across multiple chains, including Ethereum, EVM-compatible networks and Solana.
Tether USAT will be the first stablecoin from the bank to connect to LayerZero interoperability through the OFT standard, the post said.
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