In the latest development, IOTA announced its integration with the world’s leading interoperability messaging protocol, LayerZero. This integration will unlock connectivity across 150 networks for over 500 assets. Besides, it will also support transaction volumes of over $120 billion.
Through this integration with LayerZero, IOTA sees a major interoperability upgrade. The LayerZero platform is the major foundation of the StarGate Bridge, which allows seamless asset transfers using the Omnichain Fungible Token (OFT) standard.
As a result, the IOTA DLT will now be able to send and receive all forms of on-chain value, including tokens, data, and much more. As part of this integration, interoperability will become a core feature of the network. This will allow assets and applications to function easily across the broader omnichain ecosystem.
Stargate is now live as IOTA’s access layer, and allows supported OFTs to move between IOTA and other blockchains. This integration expands the network’s reach to new users, ecosystems, and cross-chain use cases.
Other blockchain networks like Stellar have also been using the LayerZero platform for cross-chain value transfers, as reported by CNF. Dominik Schiener, Co-founder and Chair of the IOTA Foundation, said:
IOTA will begin its next phase of development with the integration of LayerZero, noting that the protocol will enable stablecoin inflows to the Mainnet. Besides, it will support identity and notarization communication frameworks, and allow smoother onboarding of tokenized assets into the network.
This combined rollout of LayerZero and Stargate takes the DLT towards a fully interoperable, multi-layer blockchain architecture. It is a core step toward a more connected Web3 environment, expanding IOTA’s role in cross-chain finance, global trade digital asset infrastructure, along with tokenization, as mentioned in our previous story.
The mainnet upgrade will give developers and users a strong foundation for global liquidity access, better interoperability, and more. Besides, this upgrade makes IOTA one of the first Move VM-focused networks to adopt LayerZero. It will help in the platform’s long-term plan to build scalable infrastructure for global Web3 commerce.
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