Quick take:
- By combining LayerZero’s interoperability infrastructure with the Wallet Development Kit (WDK) by Tether, the two companies are able to provide a foundational rail for digital assets payments, settlements, and custody for real-world use cases.
- The system is also ready-made for agentic finance, allowing AI agents to operate their own autonomous wallets and frictionlessly transact with stablecoins and digital assets at scale.
- LayerZero’s infrastructure was used by Everdawn Labs to develop and bring to market USDt0 and XAUt0, with the latter already boasting over $70 billion in cross-chain value transfer in under twelve months.
Tether has announced a strategic investment in LayerZero, the leading blockchain interoperability protocol enabling cross-chain transfer of real-world assets. Tether said this investment aligns with its broader strategy of supporting systems that reduce fragmentation, improve liquidity efficiency, and enable chain-agnostic payments for stablecoins.
By combining LayerZero’s interoperability infrastructure with the Wallet Development Kit (WDK) by Tether, the two companies are able to provide a foundational rail for digital assets payments, settlements, and custody for real-world use cases.
The system is also ready-made for agentic finance, allowing AI agents to operate their own autonomous wallets and frictionlessly transact with stablecoins and digital assets at scale.
LayerZero’s infrastructure was used by Everdawn Labs to develop and bring to market USDt0 and XAUt0, with the latter already boasting over $70 billion in cross-chain value transfer in under twelve months.
Commenting on the announcement, Paolo Ardoino, CEO of Tether, said in a statement: “LayerZero Labs has built interoperability technology that allows digital assets to be transferred in real-time across any transport layer and distributed ledger, enabling a fundamental utility within the financial industry. This enables digital assets to serve the infinite agentic AI economy that will require such primitives to orchestrate micro-payments at an unprecedented scale.”
Bryan Pellegrino, CEO of LayerZero, commented: “The success of USDt0 was an important stepping stone. Having Tether deepen its commitment with this investment is the ultimate validation. We are thrilled to continue building the rails for global permissionless markets together.”
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