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ARTICLE · 20 NOVEMBER 2024

Weekly Blockchain Blog – November 18, 2024

BakerHostetler
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Multiple crypto sector companies have recently announced new products. In a press release, LayerZero, "an omnichain interoperability protocol that unifies development across 90 blockchains," announced...

United StatesTechnology
Robert A. Musiala Jr.
Robert A. Musiala Jr.
Isabelle Corbett Sterling
Isabelle Corbett Sterling
John Robertson
John Robertson
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In this issue:

  • Crypto Exchanges and Stablecoin Issuers Announce Multiple New Products
  • Digital Assets Trade Association Calls for U.S. Stablecoin Regulation
  • Research Papers Address DAOs, Crypto – AI Use Cases, Crypto Product Rollout
  • Multiple DOJ Press Releases Detail Ongoing Crypto Enforcement Actions
  • Crypto Threat Dashboard Posted; Paper Analyzes Blockchain Network Security

Crypto Exchanges and Stablecoin Issuers Announce Multiple New Products

By Robert A. Musiala Jr.

Multiple crypto sector companies have recently announced new products. In a press release, LayerZero, "an omnichain interoperability protocol that unifies development across 90 blockchains," announced that the PYUSD stablecoin "now utilizes LayerZero's Omnichain Fungible Token (OFT) Standard to enable transfers between Ethereum and Solana." According to the press release, "[b]y utilizing LayerZero, PYUSD will now enable users who self-custody their tokens to seamlessly

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