Anchorage Digital, a federally chartered digital-asset bank, has selected LayerZero as its interoperability partner for regulated stablecoins issued through its platform. Tether’s USAT, issued via Anchorage Digital Bank, is the first token to adopt LayerZero’s Omnichain Fungible Token (OFT) standard, enabling transfers across more than 170 blockchain networks without creating isolated versions for each chain. This integration aims to address stablecoin fragmentation by avoiding wrapped or bridged versions that introduce additional operational and security risks. Other stablecoins are expected to follow, including Western Union’s USDPT and OSL’s USDGO.
Source: Read the original article
