On Thursday, the LayerZero team announced via X that River, a chain-abstraction stablecoin system that connects assets, liquidity, and yield across multiple chains, has integrated with LayerZero.
With this integration, River’s satUSD works seamlessly across 8+ chains via LayerZero OFT. Thus, allowing users to deposit collateral on any chain and mint satUSD natively on their preferred chain.
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 $1.907, down 4.5% in the last 24 hours.