- TON partners with LayerZero to enhance blockchain interoperability and stablecoin transfers.
- The partnership boosts TON’s role in stablecoin liquidity and cross-chain finance.
- TON now ranks as the fourth-largest network for USDT with $1.4B in circulation.
The Open Network (TON) has announced its integration with LayerZero, a leading interoperability protocol, which connects TON to Tether’s USDt ecosystem, allowing seamless transfers across different blockchain networks. Notably, the TON Foundation has been expanding its reach, bridging assets across multiple chains to strengthen its ecosystem.
TON’s Cross-Chain Evolution
TON integration with the LayerZero protocol, allows users to transfer funds seamlessly between different blockchains. At launch, TON will support 12 networks, including Ethereum, Tron, and Solana. This will enhance cross-chain transactions and expand user access to various DeFi ecosystems.
According to a recent tweet by LayerZero, the partnership also involves Ethena, a synthetic stablecoin issuer, and Stargate, a LayerZero-powered cross-chain bridge. Together, they provide a streamlined way for users to rotate assets into the TON blockchain.
“This integration makes TON highly interoperable,” said a TON Foundation representative. “Users can now bridge assets across a wide variety of chains through LayerZero’s messaging protocol.”
The move marks a significant milestone for TON’s interoperability efforts. While previous bridging initiatives linked TON to Bitcoin and Ethereum, this integration strengthens its connection to the stablecoin ecosystem.
Related: Tether Backs Zengo, Launches USDT0 with Arbitrum for Transfers
TON Becomes a Major Player in USDT Transfers
The impact of this development could be substantial. According to Tether’s transparency report, Ethereum and Tron hold 96% of USDT’s total circulating supply, amounting to $136 billion.
With this integration, TON can tap into that vast liquidity. Since launching USDT in April 2024, the blockchain has already experienced rapid adoption. Within five months, the circulating supply of USDT on TON surpassed $1 billion. Now, the network ranks as the fourth-largest blockchain for USDT, with a supply of $1.4 billion. The integration with LayerZero could further boost these numbers.
Beyond stablecoins, the collaboration also sets the stage for future expansion. LayerZero’s technology enables deeper liquidity and greater access to decentralized applications. For TON, this means more opportunities to strengthen its position in the multichain ecosystem.
With interoperability becoming a key focus in crypto, TON’s latest move signals its ambition to be at the center of cross-chain finance. As more users move stablecoins across networks, TON’s growing role in the digital economy is becoming harder to ignore.
