- Tether invests in LayerZero to boost its digital assets’ cross-chain interoperability.
- The investment aims to support AI-driven finance that manages wallets and executes payments across blockchains.
Tether Investments has made an investment in LayerZero Labs, as it strengthens Tether’s focus on expanding blockchain interoperability and improving the infrastructure that supports digital asset payments, and emerging use cases such as AI-based transactions across multiple networks, as per Tether’s announcement on February 10.
LayerZero’s Omnichain Infrastructure for USDt0 Expansion
LayerZero is commonly referred to as an omnichain interoperability protocol since it facilitates the safe and effective transfer of digital assets between blockchains Also, Everdawn Labs has been using it for the past year to create crypto USDt0, which is the omnichain version of USDT, and XAUt0, the omniversion of Tether Gold crypto
These two, which are based on the Omnichain Fungible Token standard, demonstrated that tokenized assets and stablecoins can migrate between blockchains without fragmentation or liquidity loss.
According to Tether, “Since launch, USDt0 has facilitated more than $70 billion in cross-chain value transfer in under twelve months, serving as real-world proof of global-scale interoperability and validating LayerZero Labs’ technology as critical infrastructure supporting major assets.”
In addition, the CEO of LayerZero, Bryan Pellegrino, said that the launch and growth of USDt0 was a key milestone, and Tether’s investment further validates LayerZero’s technology.
Infrastructure for AI-Driven Finance
Tether mentioned that LayerZero is further combined with Tether’s Wallet Development Kit (WDK), which makes it easier and more secure to move, store, and manage stablecoins and other digital assets across different blockchains.
Tether also said the system is designed to support “agentic finance,” which means the AI-powered agents can run their own wallets and automatically send or receive stablecoins and digital assets without human intervention.
With that, Paolo Ardoino, CEO of Tether, said that LayerZero technology is important for the future of finance, especially for an AI-driven economy where autonomous agents may need to handle large volumes of micro-payments using digital assets.
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