- Avalon Labs has chosen Layerzero to allow seamless asset movement across 14 blockchain networks.
- The Layerzero ecosystem gains momentum with the support of Libre, Wyoming and A16Z.
Avalon Labs is partnering with Layerzero as the official interoperability protocol. This collaboration not only involves technological integration, but also driving USDA, Avalon’s Bitcoin-based Stablecoin, allowing you to explore 14 different blockchain networks.
This move is to make the asset movement smoother, allowing more DEFI users to enjoy it. Behind the scenes, USDA, SUSDA, and AVL tokens are much more flexible as they can move from network to network without any serious obstacles.
@@AvalonFinance_ is a $1.2 billion protocol for Bitcoin-backed stubcoin, lending and yield.
Avalon has chosen Layerzero as the official inter-top protocol for asset expansion and movement across 14 chains.
Transfer $usda, $usda, $avl on gas prices alone. There is no slip. pic.twitter.com/634uxaup2d
– Avalon Labs
If one wallet isn’t enough, Layerzero will intervene
Furthermore, looking at the Layerzero ecosystem itself, this partnership is not a major surprise. Layerzero is already known as a major player in the field of cross-chain interoperability with omnichin technology. This technology allows secure communication between networks, reaching over 125 chains.
Imagine if you have a Stablecoin, but it can only be used on one network. It feels like you have an e-wallet that can only be used in one store. Now, this is where Layerzero’s role becomes important. It’s about creating assets across borders without changing your wallet.
Behind this sophisticated technology is also an infusion of trust from major players. CNF reports that the giant company Andreessen Horowitz (A16Z) has poured $55 million into Layerzero’s Zro token. They not only bought and sold, but also agreed to a three-year lockup period. This is a strong indication that they truly believe in the future of layer zero interoperability.
From RWA to state support tokens, it’s all happening
Strategic partnerships continue to arrive. Meanwhile, on April 17th, Libre Capital announced a collaboration with Layerzero, bringing real-world asset (RWA) tokens to more than 125 networks. Using the OFT (Omnichain Fungible Token) standard, we ensure that token power is consistent regardless of which network is on.
Isn’t it still enough? Understood. Wyoming is also in the story. On April 18, Wyoming’s stable token committee selected Layer Zero as its key partner in the development and distribution of the state’s first official stable token.
The token is supported by short-term US government bonds and is currently being tested. If everything goes well, its public release is scheduled for July 4, 2025, and will be cross-platform across networks such as Ethereum, Avalanche, and Solana.
However, in January, Layerzero accused them of resolving a long-term conflict with FTX Estate and profiting from the “fire sales” situation during the FTX crisis. Although the details of the contract are confidential, the settlement paves the way for it to continue expanding without the legal drama that lies on the shoulder.
However, not all news about Layerzero is rosy. At the time of writing, Zro tokens are under pressure and prices are down 5.46% Over the past 24 hours, the market capitalization has fallen below $270 million.
