PANews, February 10 — According to official Tether news, Tether Investments announced a strategic investment in LayerZero Labs. LayerZero Labs is a developer of interoperability protocols, whose technology is widely used to support cross-chain value transfer in the global digital asset ecosystem. The investment aims to support LayerZero Labs in developing efficient and secure cross-chain technology.
LayerZero Labs’ technology has been used to support cross-chain transfers of assets such as USDt0 and XAUt0. Since its launch, USDt0 has achieved over $70 billion in cross-chain value transfer in less than 12 months, demonstrating the global scale interoperability of its technology. Tether CEO Paolo Ardoino stated that LayerZero Labs’ technology provides critical support for real-time cross-chain transfer of digital assets, especially suitable for micro-payment scenarios in the AI agent economy.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Cambodia passes its first anti–tech scam law, strengthening law enforcement regulations to combat online telecom fraud
Cambodia’s National Assembly passed the “Anti-Technology Fraud Law” at the end of March, aiming to crack down on online scams and human trafficking. The law establishes dedicated offenses, with severe penalties and life imprisonment. The new law expands the scope of law enforcement, targeting acts such as “pig butchering” scams, and responds to international pressure to repair its image. The government has pledged to shut down illegal scam centers by the end of April.
ChainNewsAbmedia4h ago
Ledger phishing email scam steals 600,000 USDT, and U.S. federal prosecutors recover all funds
An American court ruled to forfeit more than $600,000 in USDT, stemming from a physical letter phishing scam targeting Ledger users. After receiving the disguised letter, the victims leaked their seed phrases, and their funds were stolen. The scammers tried to conceal the funds through multiple transfers and conversion methods, but the transparency of the blockchain helped the police track the path of the fund movements. They then successfully recovered the funds through a civil forfeiture proceeding.
MarketWhisper20h ago
US Attorney Connecticut Forfeits $600,000 in Tether Linked to Ledger Phishing Letter
Federal prosecutors in Connecticut recovered more than $600,000 in tether ( USDT) after tracing stolen cryptocurrency from a phishing scam that used a physical letter to deceive a hardware wallet user.
Connecticut Crypto Phishing Victim to Recover Funds
Local media reported that the U.S.
Coinpedia21h ago
Tether Pursues Fundraising at $500 Billion Valuation
Gate News message, according to Bloomberg, Tether is making a final push for fundraising at a $500 billion valuation. The stablecoin issuer is working to complete this funding round at the specified valuation level.
GateNews04-02 22:13
Tether’s USAT Expands to Celo in First Move Beyond Ethereum Mainnet
Tether is launching its U.S.-backed stablecoin, USAT, on Celo, marking its first move beyond the Ethereum mainnet. This shift aims to integrate USAT into a payments-focused environment, enhancing accessibility and usability in onchain transactions.
CryptoNewsFlash04-02 17:25
Tether Drops Gold Traders Months After HSBC Hires
Tether has dismissed senior gold traders from HSBC, ceasing its plans for a competitive gold trading desk while managing 140 tons of gold. This decision coincides with ongoing financial adjustments and audit efforts as Tether explores new funding and operations.
CryptoFrontNews04-02 11:16
