On Tuesday, the LayerZero team announced via X that LayerZero will connect Arc, the L1 designed by Circle for stablecoin finance, to over 150 blockchains. As an infrastructure partner, over 500+ assets, including billions in stablecoins, will soon be able to expand to Arc with the OFT Standard.
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 $1.66, down 2% in the last 24 hours.
Hassan Maishera