Anchorage Digital partners with LayerZero to enable cross-chain issuance of regulated stablecoins.
DeFi & Yields ·
Anchorage Digital has selected LayerZero as its interoperability partner to enable cross-chain issuance of regulated stablecoins, according to LayerZero's announcement. The partnership expands access to compliant digital dollars across multiple blockchains.
The collaboration builds on Anchorage Digital's position as the first federally chartered U.S. crypto bank, which provides institutions with custody, staking, trading, settlement, and stablecoin issuance under bank-grade oversight. By integrating LayerZero's cross-chain messaging capabilities, Anchorage can issue its regulated stablecoins on multiple networks while maintaining compliance standards required by its Office of the Comptroller of the Currency charter.
The specific mechanics of how regulated stablecoins will function across LayerZero's infrastructure and which blockchains will be prioritized remain unclear from the available information. It is also not yet stated whether this partnership involves the creation of new stablecoins or deployment of existing ones onto additional chains.