Ozean Integrates with LayerZero to Revolutionize Cross-Chain Liquidity for RWAs
Ozean, the blockchain for RWA Yield being launched by Clearpool, has officially integrated with LayerZero, an omnichain interoperability protocol, to unlock liquidity for Real-World Assets (RWAs) across DeFi. This collaboration will introduce a cross-chain liquidity layer for RWAs on Ozean, powered by LayerZero’s cutting-edge messaging layer.
The integration will enable Ozean’s native stablecoin ($USDX) and yield-bearing stablecoins ($ozUSD) to be accessed across all EVM Layer 2 chains and Solana using LayerZero’s Omnichain Fungible Token (OFT) Standard. OFTs allow fungible tokens to be transferred across multiple blockchains without asset wrapping, middlechains, or liquidity pools. The integration will enhance liquidity and flexibility for RWAs on Ozean across multiple blockchain networks.
LayerZero is the leading interoperability protocol that enables decentralized applications to transfer data across different blockchains. It uniquely supports censorship-resistant messaging and permissionless development through immutable smart contracts, fostering a truly decentralized ecosystem. With $50B+ in value transferred, 90+ supported blockchains, and 200+ applications built on its platform, LayerZero has gained impressive traction. Clearpool integrated with LayerZero in August 2022 to enable seamless and secure bridging of CPOOL cross-chain.
Ozean is unlocking the power of DeFi for RWAs in a compliant and user-friendly way, enabling automatic on-chain yield. Users can earn yield on stablecoins, which, when bridged to Ozean, are converted into $USDX, Ozean’s native stablecoin issued by Hex Trust and backed by treasury bills. By locking $USDX, users receive $ozUSD, a yield-bearing stablecoin, with yield automatically rebased and passed to them.
Ozean’s innovative design offers a seamless, compliant way to earn yield, setting Ozean apart as the leading blockchain for RWA yield. Integrating with LayerZero will unlock cross-chain liquidity for RWAs on Ozean, including $USDX and $ozUSD, enabling broader adoption and traction within multiple blockchain ecosystems.
The lack of cross-chain capabilities has long been a barrier to the growth of RWAs. This collaboration sets a new standard, unlocking the liquidity needed for the sector’s continued expansion on Ozean.