On Tuesday, the LayerZero team announced via X that it has partnered with Ubyx to accelerate stablecoin adoption as a general-purpose method of digital payment.
Ubyx is a clearing system that allows anyone, anywhere, to deposit stablecoins from many issuers and multiple currencies into existing bank and fintech accounts and receive full value.
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 $1.883, down 1.1% in the last 24 hours.