according to market sources, Tether Investments has announced a strategic investment in LayerZero Labs. LayerZero Labs is a developer of interoperability protocols, whose technology is widely used to support cross-chain value transfer in the global digital asset ecosystem. This investment aims to support LayerZero Labs in developing efficient and secure cross-chain technology.
LayerZero Labs' technology has been used to support cross-chain transfers of assets such as USDt0 and XAUt0. Since its launch, USDt0 has achieved over 70 billion USD in cross-chain value transfer in less than 12 months, validating the global-scale interoperability of its technology. Tether CEO Paolo Ardoino stated that LayerZero Labs' technology provides critical support for real-time cross-chain transfers of digital assets, especially suitable for micropayment scenarios in the AI agent economy.
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