Cyber Connects Integrates LayerZero's OFT Standard for Seamless Cross-Chain Connectivity
CryptoNewsTerminal Staff07 Jun, 2024
Cyber Connects Integrates LayerZero's OFT Standard for Seamless Cross-Chain Connectivity
Cyber Connects, formerly known as CyberConnect, has announced its adoption of LayerZero's Omnichain Fungible Token (OFT) standard, which is expected to be implemented within the next 10 days. This integration will empower Cyber Connects with the ability to seamlessly transfer fungible tokens across various blockchains. LayerZero's OFT standard, introduced in February 2023, facilitates interoperability between different blockchain networks. Its implementation on Cyber Connects will enable users to move their fungible assets, such as cryptocurrencies and stablecoins, from one blockchain to another without encountering any obstacles. This enhanced cross-chain connectivity will significantly improve the user experience within the Cyber Connects ecosystem.
