Hoskinson Confirms LayerZero Integration for Cardano Network

ZRO6,1%
ADA5,38%
STG0,74%
TOKEN4,29%
  • Cardano will port LayerZero to boost interoperability and institutional-grade cross-chain infrastructure.

  • USDCx will launch on Cardano with zero-knowledge tech for compliant, privacy-enhanced transfers.

  • Announcement coincided with Midnight mainnet rollout and rising LayerZero ecosystem activity.

Charles Hoskinson announced a new partnership bringing LayerZero to Cardano during a keynote at Consensus Hong Kong 2026 on Thursday. The Input Output CEO said the integration will support Cardano’s institutional strategy through cross-chain infrastructure and stablecoin expansion. He explained the move during a live address, outlining technical steps and an upcoming USDCx launch.

LayerZero Port to Cardano Revealed at Consensus

Hoskinson confirmed that LayerZero will be ported to the Cardano blockchain during his Consensus Hong Kong keynote. He stated that the protocol will operate within the broader Cardano ecosystem. Notably, LayerZero focuses on infrastructure designed for institutional financial markets.

According to Hoskinson, the integration followed months of coordination between Input Output and LayerZero teams. He said the goal centered on interoperability and institutional readiness. Earlier this week, LayerZero disclosed backing from Citadel Securities, which Hoskinson referenced during the announcement.

The reveal also coincided with the rollout of Midnight’s mainnet, announced earlier Thursday. Midnight operates as Cardano’s privacy-focused network. Hoskinson introduced both developments during the same appearance, linking them through shared infrastructure goals.

USDCx Launch and Stablecoin Infrastructure Plans

A central element of the partnership involves the planned launch of USDCx on Cardano. Hoskinson said the rollout already has a launch date and expected wallet support. He also noted planned exchange support at launch.

He explained that USDCx will use zero-knowledge technology to support privacy-enhanced stablecoin transfers. According to Hoskinson, the design emphasizes immutability and compliance. He linked this approach to Cardano’s institutional framework and regulatory alignment.

Hoskinson addressed the audience while wearing a McDonald’s uniform, referencing bearish market sentiment. During the speech, he described sentiment as historically low. However, he said development activity continued despite current conditions.

Market Activity and LayerZero Ecosystem

Market activity around LayerZero gained attention days before the announcement. Arkham data showed a bankruptcy-linked Alameda Research wallet executed a large token swap. The wallet exchanged about 129.04 million STG, valued near $24.49 million.

Notably, the swap resulted in 11.14 million ZRO tokens, valued around $24.29 million. The transaction involved Stargate STGUSD and LayerZero’s ZRO token. Reports tied the movement to bankruptcy proceedings rather than new investment activity.

The timing aligned with LayerZero’s recent disclosure of plans for its own Layer 1 blockchain, Zero.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Today’s top 100 cryptocurrencies by market cap—price movers: RAVE up 207.51%, DOT down 4.57%

On April 13, the cryptocurrency market saw volatile performance. RaveDAO had the largest gain, reaching 207.51%, with a current price of $9.94; Polkadot had the largest drop, down 4.57%, with a current price of $1.17. Overall market dynamics are worth watching.

GateNews8h ago

Crypto Market Momentum – Analyzing Today’s Top Gainers and the Shift in Investor Sentiment

The cryptocurrency market is defined as highly volatile and rapidly evolving, offering a landscape in which a newly developed protocol has the potential to either succeed or fail in the span of 24 hours. Today’s market data from CoinMarketCap reveals a captivating trend: the wider cryptocurrency mar

BlockChainReporter16h ago

Gate contract stock section will launch on April 13 with the first 5 Hong Kong stock perpetual contracts, including Tencent, Xiaomi, Meituan, and others, supporting 1x–20x leveraged trading

Gate News message. According to Gate’s official announcement, Gate contract stock section will be launched on April 13, 2026 at 14:00 (UTC+8) with live trading of TENCENT (Tencent Holdings 00700.HK), XIAOMI (Xiaomi Group 01810.HK), MEITUAN (Meituan 03690.HK), KUAISHOU (Kuaishou 01024.HK), and HKEX (Hong Kong Exchanges and Clearing 00388.HK) perpetual contracts. The trading will use USDT settlement and support 1–20x long and short operations. Among them, the TENCENT contract is based on Tencent Holdings, the XIAOMI contract is based on Xiaomi Group, the MEITUAN contract is based on Meituan, the KUAISHOU contract is based on Kuaishou, and the HKEX contract is based on Hong Kong Exchanges and Clearing; the price of each contract is denominated in USDT.

GateAnnouncement19h ago

Gate Daily Report (April 13): The CFTC seeks “exclusive regulatory authority” for prediction markets; the FBI report says crypto fraud losses totaled 113.6 billion.

Bitcoin has pulled back from its peak to $71,110. The chair of the U.S. CFTC said it will defend its regulatory authority over prediction markets. An FBI report shows that in 2025, losses from cryptocurrency fraud reached $11.36 billion, with seniors hit the hardest. The market is optimistic in the short term, but you should be mindful of the impact of oil prices and monetary policy.

MarketWhisper22h ago

Today’s Crypto Fear and Greed Index has fallen to 15, and the market is in extreme fear.

Gate News message, April 11, Alternative.me data shows that today’s Crypto Fear and Greed Index dropped to 15; yesterday, the index was 16, and the market is in a “Extreme Fear” state.

GateNews04-11 00:42

Crypto Sector Wavers As Geopolitical Tensions Influence Market Performance

The crypto market has seen a 1.14% decline, with Bitcoin and Ethereum experiencing slight gains. Top gainers include PEPE and IRISnet. DeFi TVL increased, while NFT sales dropped. Notable events include xAI suing Colorado and South Korea tightening crypto regulations.

BlockChainReporter04-10 12:45
Comment
0/400
No comments