On Thursday, the LayerZero team announced via X that AUSD, built by Agora, is adopting the OFT standard to unify AUSD into a single system. This will connect every AUSD deployment in one unified, interoperable network across every major chain, starting with Monad.
Through LayerZero’s OFT Standard, a smart contract standardizing token issuance and movement across 150+ blockchains, Agora will connect native AUSD deployments into a single, unified supply.
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 $1.470, up 0.3% in the last 24 hours.
Hassan Maishera