Extremely excited about what @LayerZero_Labs x @circlepay unlocks
A natively composable stablecoin was one of our earliest visions and we believe one of the largest unlocks for the entire industry
We’ve put together a testnet demo here: usdcdemo.layerzero.network
Friction, fees, and risk all reduced dramatically or eliminated completely
Free flowing movement directly at the application layer means the ability to jump from a yield opportunity on one chain to a another now happens with a single click
Transfer-And-Swap into destination asset now seamless where (because of LayerZero's gas abstraction) you only ever have 1 transaction and only need source gas
No more wrapped USDC where the asset holder bears complete risk not just during transfer but in perpetuity
Today marks the beginning of a new era of asset movement and we're excited to be right at the heart of it
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