Stablecoin issuance and interoperability strategy go hand in hand.
It is important to focus on a specific use case in the initial stage, but as the usage expands, being a multi-chain token is essential.
For Asian stablecoins, as they are now mostly just evaluating whether they should issue or not, the question of how interoperability should be implemented will soon become important after this stage.
While building a strategy for this, as it is inherently difficult to build the cross-chain infrastructure itself, using messaging protocols like @LayerZero_Core , @hyperlane , @axelar , @wormhole , etc. could be the solution.
Among them, @LayerZero_Core provides customizable infrastructure along with production-ready support, establishing them as the leader in this space.
As evidence of this, out of the top 15 stablecoins, 8 use LayerZero as their interoperability provider. The projects include USDT, PYUSD, USDe, USDY, USD0, etc.
As Wyoming has also announced that their stablecoin's issuance partner will be LayerZero, how will stablecoins adopt interoperability?
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