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Sep 27, 02:44 AM
LayerZero Enhances Cross-Chain Interoperability with BitlayerLabs and $MONEY Integrations
Blockchains
Crypto

LayerZero Enhances Cross-Chain Interoperability with BitlayerLabs and $MONEY Integrations

Authors
  • LayerZero
  • Bitlayer
  • Caldera
7

LayerZero has announced multiple integrations, enhancing cross-chain interoperability. The chain-agnostic stablecoin protocol, DefiDotMoney, has integrated LayerZero, implementing the OFT Standard for its stablecoin $MONEY, making it a natively omnichain CDP protocol. Additionally, BitlayerLabs, a Layer 2 solution aimed at scaling Bitcoin through ZK proofs and BitVM, has also integrated LayerZero. This integration allows developers on Bitlayer to connect to over 90 other chains across EVM and non-EVM environments. LayerZero’s open-source, immutable messaging protocol enhances cross-chain interoperability by removing fees and simplifying bridging. Furthermore, AragonProject has introduced a gasless onchain voting solution with omnichain execution, leveraging LayerZero's capabilities.

Written with ChatGPT (GPT-4o).

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