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Tether makes strategic investment in LayerZero Labs

Tether has made a strategic investment in LayerZero Labs to bolster support for interchain technology, The Block reported on Feb. 10. The investment amount was not disclosed. The LayerZero interoperability protocol was used to develop Tether’s omni-chain stablecoin USDT0, allowing cross-chain transactions on chains where USDT is not issued. Tether said USDT0 has recorded more than $70 billion in cross-chain value transfers since its launch in early 2025.