Lybra Finance to use LayerZero for cross-chain functionality in its interest-bearing stablecoin solution


This article has been republished with permission from Binance News.

According to Foresight News, Lybra Finance has announced that its upcoming Lybra V2 will utilize LayerZero to provide cross-chain functionality for its interest-bearing stablecoin solution. LayerZero’s cross-chain homogeneous token (OFT) standard will support Lybra’s cross-chain stablecoin peUSD. This means that peUSD will not require separate liquidity pools on different chains, nor will it need cross-chain bridges and wrapping.

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