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OneStable Launches Stablecoin Issuance Layer in Collaboration with Enso, LayerZero, and Stargate

According to the launch announcement, OneStable was introduced on September 8 with EnsoBuild, LayerZero, StargateFinance, and Reservoir, aiming to improve liquidity efficiency and support the stablecoin economy.

Summary

On September 8, EnsoBuild, LayerZero, StargateFinance, and Reservoir jointly launched OneStable, a platform designed to strengthen the stablecoin market. The initiative focuses on enhancing liquidity efficiency and supporting the expansion of the stablecoin economy.

Terms & Concepts
  • Stablecoin: A type of cryptocurrency designed to maintain a stable value by being pegged to an asset, such as a fiat currency or commodity.
  • LayerZero: A cross-chain protocol designed to enable interoperability between different blockchain networks.