According to LayerZero and Keeta, the partnership has launched tokenized commercial bank deposits transferable across Ethereum, Solana, Base, and the Keeta Network in July 2026. The product supports nine fiat currencies at launch: USD, EUR, JPY, CNY, GBP, CAD, MXN, AED, and HKD.
Unlike most stablecoins, Keeta Stablecoins represent actual commercial bank deposits held through Bivo, a California-licensed money transmitter, rather than mixed reserve pools. The tokens use LayerZero's Omnichain Fungible Token Standard to maintain a single global token supply across all supported chains. Issuing institutions retain full contract authority and can enforce compliance policies including transfer restrictions, rate limits, and pause functions across chains without surrendering governance.