On Thursday, the LayerZero team announced via X that thBILL, the tokenized U.S. Treasuries issued by Theo Network are now powered by LayerZero. This means that thBILL is now live on the Base, Arbitrum, and HyperEVM blockchains.
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 $1.917, down 2.5% in the last 24 hours.