Avalon Labs selected LayerZero to enable seamless asset movement across 14 blockchain networks.
LayerZero’s ecosystem gains momentum with support from Libre, Wyoming, and a16z.
Avalon Labs has partnered with LayerZero as their official interoperability protocol. This collaboration is not just about technology integration, but also about pushing Avalon’s Bitcoin-based stablecoin, USDa, to be able to explore 14 different blockchain networks.
This move is to make asset movement smoother and can be enjoyed by more DeFi users. Behind the scenes, USDa, sUSDa, and AVL tokens will be much more flexible because they can move from network to network without any significant obstacles.
@avalonfinance_ is a $1.2B protocol for Bitcoin-backed stablecoins, lending, and yield.
Avalon has chosen LayerZero as its official interop protocol for asset expansion and movement across 14 chains.
Transfer $USDa, $sUSDa, and $AVL for just the price of gas. No slippage. pic.twitter.com/634UXAup2D
— Ava
