On Wednesday, the LayerZero team announced via X that LayerZero is now the official interop provider for Hyperdrive, powering the newest stablecoin money market on Hyperliquid.
LayerZero will enable tokenized HLP and HYPE LSTs expansion with the OFT Standard while USDe and USDT0 become borrowable assets directly through Hyperdrive.
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 $2.718, up 1.3% in the last 24 hours.