Most investors do not appreciate the important role that @LayerZero_Core is playing in crypto messaging and interoperability. I am so impressed with the vision of Bryan, Simon, and the team.
For most of stablecoins’ short history, the key question was whether on-chain dollars could work at all. That question has been answered, decisively, and at a scale few would have predicted.
A different question has now taken its place, one that matters for billions of people
LayerZero has achieved Type 1 and Type 2 SOC 2 accreditation for all of its infrastructure.
SOC 2 is the de facto standard for evaluating a company's security practices. This accreditation, combined with the modular, developer-owned security model that the world's largest
@BDACSKorea has selected LayerZero's OFT standard to take KRW1, the first on-shore Korean won-backed stablecoin, cross-chain.
KRW1 is now the first Korean won-backed stablecoin natively transferrable across major DeFi ecosystems
🤝 BDACS x LayerZero | KRW1 Goes Omnichain
@BDACSKorea selects @LayerZero_Core Labs's OFT (Omnichain Fungible Token) standard to make KRW1 natively interoperable across chains.
KRW1 supply moves seamlessly across networks, with no fragmented liquidity and no wrapped stand-ins.
