Anchorage selects LayerZero to connect regulated stablecoins across more than 170 blockchains

  • Anchorage selected LayerZero’s OFT protocol for cross-blockchain stablecoin support.
  • More than 170 blockchains will support $USAT, $USDPT and $USDGO.
  • Anchorage is identified as the federal crypto bank involved.

Anchorage has selected LayerZero’s OFT protocol to connect regulated stablecoins across more than 170 blockchains. The federal crypto bank will use the system for assets including $USAT, $USDPT and $USDGO. OFT, or omnichain fungible token technology, is designed to support token movement across separate blockchain networks while maintaining a common asset framework.

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