- Avalon Labs selected Layerzero to make seamless asset movement over 14 blockchain networks possible.
- Layerzero’s ecosystem gets a momentum with support from Libre, Wyoming and A16Z.
Avalon Labs works together with Layerzero as their official interoperability protocol. This collaboration is not only about technology integration, but also about pushing Avalon’s Bitcoin-based Stablecoin, USDA, to be able to explore 14 different blockchain networks.
This step is to make the asset movement smoother and can be enjoyed by more Defi users. Behind the scenes, USDA, Susda and AVL -Tokens will be much more flexible because they can go from network to network without important obstacles.
🟪 @avalonfinance_ is a protocol of $ 1.2 billion for Bitcoin-stundled Stablecoins, Lending and Yield.
Avalon has chosen Layerzero as its official interop protocol for the expansion of assets and movement over 14 chains.
Transfer $ USDA, $ SUSDA and $ AVL for just the price of gas. No slips. pic.twitter.com/634UXAUP2D
– Avalon Labs 🎩🔮 (@avalonfinance_) April 21, 2025
If a wallet is not enough, Layerzero steps in
Moreover, if we look at the Layerzero ecosystem ourselves, this partnership is not a big surprise. Layerzero is already known as a major player in the field of interoperability of cross-chain with their omnichain technology. This technology makes safe communication between networks possible and currently reaches more than 125 chains.
Imagine having a stablecoin, but it can only be used on one network. It feels like an e-Wallet can only be used in one store. Now, this is where the role of Layerzero becomes crucial: making assets cross -border without changing portfolios.
Behind this advanced technology there is also an injection of trust from major players. CNF reports that gigantic company Andreessen Horowitz (A16Z) has deposited $ 55 million in the ZRO -Token of Layerzero. They not only bought and sell, but they also came in with a lock-up period of three years. This is a strong sign that they really believe in the future of the interoperability of Layerzero.
From rwa to to the state supported tokens, it all happens
Strategic partnerships continue to arrive. On the other hand, on April 17, Libre Capital announced a collaboration with Layerzero to bring Real-World Activa (RWA) tokens to more than 125 networks. With the help of the OFT (omnichain fungible token) as standard, they ensure that the token stock remains consistent, regardless of which network it is.
Still not enough? Okay. Wyoming is also in the story. On April 18, the Wyoming Stable Token Commission Layerzero as a primary partner for the development and distribution of the first official stable token of the state.
The token is supported by the US government bonds in the short term and is currently being tested. If all goes well, the public launch is planned for July 4, 2025 and it will be platform -dependent in networks such as Ethereum, Avalanche and Solana.
In January, however, Layerzero decided a long-term dispute with FTX estate, which accused them of taking advantage of a “fire brigade” situation during the FTX crisis. Although the details of the agreement are confidential, the settlement paves the way for Layerzero to expand without legal drama that hangs over his shoulders.
Not all the news about Layerzero is rosy. At the time of writing, the ZRO -token is under pressure, with its price down 5.46% In the last 24 hours and market capitalization were under $ 270 million.