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LayerZero
@LayerZero_Core
Better Money Technology // @LayerZero_Fndn
2 Following    717.3K Followers
Over $1.4B has moved through LayerZero in the previous 4 days. Cross-chain activity is moving at the speed of the internet.
Satoshi's vision, intact and on multiple chains. Over $4B in wBTC has been transferred through LayerZero, expanding Bitcoin’s utility beyond a single network and into a multichain DeFi ecosystem. Bitcoin, everywhere it needs to be.
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Earlier today, as part of standard inventory operations, funds were withdrawn from LayerZero internal wallets. No funds are at risk.
Issued by @Paxos, PYUSD is driving the future of money transmission. Consumers can use it to send, receive, and spend worldwide. Businesses can accept PYUSD wherever PayPal is available at checkout. PYUSD can be transferred off PayPal to Venmo, crypto wallets, exchanges, and more.
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Since launch, PayPal USD (PYUSD) has transferred over $4B in value across 5 chains. $4.25B. 5 networks. Powered by LayerZero.
“It feels like the world is going to forget that pre-stablecoins was even a thing.” Stablecoins are already moving hundreds of billions of dollars through the financial system. @PrimordialAA of @LayerZero_Core says demand is only accelerating.
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USDC.e is now available on Kraken for the first time. A bridged asset, powered by LayerZero, available on a centralized exchange.
Kraken now supports USDC.e deposits and withdrawals on Tempo, adding to its existing USDT0 support. Fintechs and payment companies settling in USDC.e on Tempo now have a direct rail for moving funds on and off the exchange.
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Another highly anticipated IPO is live on Ondo Global Markets on day one. SK Hynix is one of the world's largest semiconductor vendors supplying Nvidia and the AI datacenter buildout. Utilizing LayerZero, users can access SKHYon on Solana, Ethereum, and BNB Chain now.
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Another giant IPO, tokenized on day one. SK Hynix, the memory giant supplying Nvidia and the AI datacenter buildout, is now tokenized on Ondo Global Markets.
An update on our continued security hardening across the ecosystem:
Built with LayerZero
NEW: @PayPal USD (PYUSD) is now issued natively on Polygon Chain and built into the Open Money Stack. Send a stablecoin built for payments across borders, and settle it on the chain already doing billions in payments volume every day.
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Blockchains delivered self-custody for asset holders. LayerZero extends it to asset issuers: the infrastructure to issue, move, and secure any asset across any chain with the issuer itself able to attest every transfer. Read our latest article about Self Custodied Applications below:
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Security isn't a feature at EtherFi. It's the product. When users interact with us, they're trusting the protocol with their assets. Over the last several months, we've made significant investments to make EtherFi a more safe place to stake. A thread 🧵
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You Don't Understand Asia. Most people don’t, because it isn't a single market. Every region runs on its own system, its own regulators, its own rails. There's no shared playbook across Asia. That's why we're hosting ASA Conference 2026 during @kbwofficial. 🧵
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If issuance is solved for, what comes next? Read more about the future of tokenized funds in our latest research report co-authored with @Centrifuge, Unlocking Tokenized Fund Composability, at the link below.
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Behind every tokenized asset is an implicit conviction: that the onchain version will be more useful than the traditional one, reaching more investors and unlocking new use cases. Challenges exist, and together with @LayerZero_Core we are addressing them.
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$30B in tokenized RWAs are already live onchain. Issuance is solved. Composability isn't…yet. Co-authored with the team at @Centrifuge, our new report unpacks the current state of tokenized funds and the necessary solutions for the next generation of capital markets. Read more about Unlocking Tokenized Fund Composability at the link below.
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.@ethena's $USDe just surpassed $20B in cross-chain transfer volume on LayerZero, bringing their lifetime volume across all Ethena assets over $30B. This brings total value transferred across LayerZero to over $265B.
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We’re sharing our completed post-mortem on the April 18th incident, prepared with @Mandiant and @CrowdStrike. We are publishing both an executive summary and the full report at the link below. Over the past four weeks, we’ve worked with hundreds of partners to help them understand their current security posture, and harden it where appropriate. We’ll continue this work, alongside taking additional proactive steps for the benefit of not only our partners, but also the ecosystem as a whole. We want to extend our thanks to our partners for their support and patience this past month. There’s a reason that over $12 billion has moved across the network in the past four weeks, and why the world’s most valuable asset issuers have stood by our side: they believe in us, in what the LayerZero protocol has to offer, and in the value of modular, isolated, application-controlled security. The work continues. And we look forward to continue showing up for the applications that trust us with their business, as well as the broader ecosystem.
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