On Wednesday, the LayerZero team announced via X that LayerZero is integrating IOTA, a decentralized blockchain infrastructure to build and secure the digital world. LayerZero now enables IOTA to interface directly with global liquidity, connecting it to +155 blockchains, allowing assets to move wherever users, applications, and markets operate.
With IOTA live on LayerZero, Stargate Finance becomes the interface for accessing the IOTA Mainnet (L1), linking it to IOTA’s EVM (L2) ecosystem and the broader multichain economy.
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 $1.391, down 2% in the last 24 hours.
IOTA is a permissionless distributed ledger "for a new economy." IOTA aims to support the growth of a machine economy by enabling "fee-less machine-to-machine payments," offering greater scalability than blockchain networks. IOTA is trading at $0.1041, down 0.2% in the last 24 hours.
Hassan Maishera