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LayerZero Powers Loon CADC Stablecoin Interoperability Across Major Blockchain Networks

LayerZero Powers Loon CADC Stablecoin Interoperability Across Major Blockchain Networks

Photo: Crypto Economy

LayerZero and Loon announced that CADC, the Canadian dollar-backed stablecoin, will adopt the Omnichain Fungible Token (OFT) standard to move natively across different blockchains without requiring wrapped versions or tokens issued through bridges. The integration will allow CADC to maintain a unified supply across all connected networks, preventing liquidity fragmentation and avoiding the custody-related risks ... Read more

Source: Crypto Economy

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