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One platform for global traditional assets
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Tether announces a strategic investment in cross-chain interoperability protocol developer LayerZero Labs to support its cross-chain infrastructure development. Tether stated that the all-chain fungible token USDt0 built on LayerZero has facilitated over $70 billion in cross-chain value transfers in less than 12 months since its launch. Tether CEO Paolo Ardoino said that LayerZero's interoperability technology provides a key foundational capability for real-time transfer of digital assets across different blockchains.