- The IOTA mainnet now uses Stargate’s LayerZero messaging infrastructure and crosschain liquidity service.
- Stablecoins and RWA tokenization on IOTA are expected to open new avenues for trading and finance very soon.
IOTA has completed its integration with LayerZero and Stargate, one of the crypto industry’s most widely used bridging applications. This gives IOTA connectivity to more than 150 blockchains, including Ethereum, Solana, Base, Arbitrum and BNB Smart Chain. IOTA also gets access to around 550 digital assets, which move the equivalent of more than $120 billion per year.
This makes the IOTA mainnet one of the first Move VM-based networks to rely on LayerZero technology.
IOTA Foundation Chairman Dominik Schiener emphasized the meaning of the step:
“The integration of LayerZero into the IOTA Mainnet is a transformative milestone for the IOTA ecosystem, creating a strong foundation that accelerates mainstream adoption and advances key industries. By enabling direct digital asset flows and real-world tokenization of assets, LayerZero positions IOTA as a central pillar of global trade and, in particular, the financing of global supply chains.”
This progress builds on the 2024 launch of the IOTA EVM and was achieved through collaboration with LayerZero, Stargate Finance, Supra and Pyth Network. The IOTA-EVM is the network’s L2 smart contract platform.
IOTA’s added value through LayerZero and Stargate
LayerZero provides the infrastructure that enables secure communication between blockchains. Stargate is the main application and uses this infrastructure to transfer assets between networks in a consistent manner.
A central component of LayerZero is the Omnichain Fungible Token Standard OFT. It ensures that wrapped tokens are not fragmented and excludes multiple versions of the same asset.
The OFT standard supports the crosschain transfer of more than 400 tokens to date, with the CYB, the utility token of the Cyberperp Perpetual Exchange, being among the first to go live on both IOTA tiers. For customers, the integration means that they can now easily move their assets via the Stargate WebApp.
IOTA is also continuing its digital identity initiative by integrating Turing Space into its Business Innovation Program, leveraging Turing Space’s Turing Certs credential platform. As CNF reported, the network has achieved a staking rate of 50.22% thanks to over 18,700 participants contributing to the staking pool.
Despite these long-term advantages, the IOTA price has been losing ground since yesterday 2,46 %market cap fell about 2% and 24-hour sales rose 28% to $21 million.
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