Loon selects LayerZero's OFT Standard as interoperability solution for Canadian Dollar stablecoin CADC. CADC adds the Canadian dollar to LayerZero's non-USD portfolio as local-currency stablecoins grow 158% year over year LayerZero and Loon today announced that CADC, Loon's Canadian dollar-backed stablecoin, will use the OFT standard to move natively across blockchains. The integration enables CADC to move across blockchains without requiring bridged or wrapped representations, preserving a single unified supply across all connected networks. Loon and LayerZero's collaboration to design a secure, growth-oriented configuration. Loon chose LayerZero to build a solution that could support their security, regulatory, and growth requirements. Before beginning any technical integration, Loon participated in bespoke design sessions hosted by LayerZero to work through these requirements and find the architecture that best fit their needs. Interoperability has shifted from afterthought to prerequisite for stablecoin issuers operating in a multi-chain environment. LayerZero's OFT Standard is built to satisfy three critical requirements of institutional-caliber operators: * Security: The OFT standard shows issuers exactly who verifies their transactions and what role each verifier plays. Issuers can choose from over 50 verifiers, including Fidelity's Center for Applied Technologies, Google Cloud, Deutsche Telekom MMS, and Blockaid. * Liquidity: LayerZero moves one unified supply natively across any connected chain. Issuers avoid bridged copies of their token, which fragments liquidity and adds custodial risk. * Compliance Control: The OFT standard lets issuers grow their assets without giving up control. Issuers build a tech stack that is composable to their own standards, while retaining full contract authority at every step, a key requirement for institutional compliance teams worldwide. The design sessions produced a five-verifier configuration for CADC's cross-chain setup, including LayerZero Labs, Fidelity's Center for Applied Technologies, Deutsche Telekom MMS, Canary, and Google Cloud. LayerZero's non-usd portfolio grows with a fast-moving market. Non-USD stablecoins are still a small market: about USD 2.0 billion of over USD 320 billion in total stablecoin supply, or less than 0.6%. But the trajectory is notable. Non-USD stablecoins grew 158% year-over-year, well ahead of USD-backed stablecoins. Several forces are driving this. Regulatory frameworks including MiCA in Europe, the HKMA stablecoin regime in Hong Kong, and the Payment Token Services Regulation in the UAE have created clearer pathways for institutions to issue locally-pegged digital currencies. Alongside regulation, motivations to preserve monetary sovereignty are prompting governments and institutions alike to treat local-currency stablecoins as a strategic priority rather than a niche product. As stablecoins see broader adoption in cross-border payments and domestic settlement, the FX conversion costs introduced by USD-denominated rails have become a practical problem that local-currency alternatives solve directly. As more issuers launch local-currency stablecoins, LayerZero provides one token standard to reach 170+ chains. CADC reflects this same shift, holding ~60% of Canadian dollar stablecoin supply and recently crossing $500M in transactional volume. With CADC, LayerZero adds the Canadian dollar to its growing portfolio of non-USD stablecoins, which includes Bitso's MXNB (Mexican peso), tGBP (British pound), BRL1 (Brazilian real), and KRWQ (Korean won). About LayerZero LayerZero connects the world's most important assets to the world's most utilized blockchains. Issuers use the OFT Standard to distribute assets to 100+ chains. Chains use LayerZero Endpoints to connect to those assets and users. Wallets and exchanges use the Value Transfer API to move them. Trusted by Tether, PayPal, Paxos, Ondo and Anchorage Digital, LayerZero is the standard for cross-chain interoperability. About Loon Loon builds and runs the infrastructure behind CADC, the Canadian Dollar Coin. The team manages the CADC Program, from the onboarding and oversight of Authorized Participants through to issuance, redemption and reporting. CADC has been live since 2021 and Canadians have moved nearly C$1 billion through it.

LayerZero announces zero mainnet launch for November 30. LayerZero plans to launch its Zero mainnet and ATLAS trading infrastructure on November 30, with more than a dozen trading venues expected at debut. The platform will combine order matching, clearing, and settlement. Its fee structure also introduces ZRO token buybacks and burns, while targeting high-speed transaction processing. LayerZero has scheduled November 30 for the launch of its Zero mainnet and ATLAS trading infrastructure. Open ATLAS will debut with more than a dozen trading venues, giving partners access to a shared trading engine without requiring each to build an exchange. Table of contents. This is based on an announcement from August, which pushed the launch into a later part of the year. The plan was for LayerZero to consolidate order matching, clearing, and settlement under a single trading platform. What will ATLAS offer trading venues? ATLAS works as a "headless exchange" based on its official documents. This protocol does not offer any trading application for consumers. In contrast, third-party venues have access, distribution, and trading interfaces. ATLAS' infrastructure distinguishes three activities. Venues bring users to the trading platform, market creators create markets, and market makers create liquidity. The supported asset classes include spot assets, perpetuals, equities, commodities, bonds, and prediction markets. Open ATLAS is designed for crypto use cases and developers who want to build financial products. They can connect the interface and trade with existing markets or launch new ones. According to LayerZero, this solution eliminates the need to create the entire trading backend. Another version of the institution works with the same trading engine. Institutions can establish market rules; however, the first release in November starts with Open ATLAS. How will ZRO trading fees be distributed? The token model links ZRO with security, payment of gas, and trading fee refunds. LayerZero states that venues can obtain larger rebates either via ZRO staking, volume trading, or both. Open ATLAS uses one trading fee. Venues get refunds of 20% to 65%. The rest is allocated to market makers and ZRO tokens burned. Under the revealed fee structure, market makers will get 25% of fees remaining after venue refunds. The remaining 75% will be used to buyback and burn ZRO tokens. All the figures relate to the fee remaining after the venue refund is made. In case a fee equals $100 and the venue rebate is 20%, the remaining amount is $80. Of this amount, $20 goes to the market maker, and $60 is spent on purchasing ZRO tokens. LayerZero has been running its own ZRO buyback program with the help of Stargate revenue. According to the June token update, the Stargate revenue has allowed purchasing since April 2026. ATLAS fees will be allocated according to the newly announced model. What speed does the zero network target? Zero distinguishes between transaction execution and verification through the use of zero-knowledge proofs. While block producers make calculations, validators check proof-of-work. Zero splits transaction processing into two distinct environments known as zones. ATLAS will operate in its own zone, segregating trading processes from payments and other use cases. The technical roadmap of LayerZero estimates that each zone can support two million transactions per second. This figure is more theoretical at this stage since it hasn't been achieved yet. According to the ATLAS documentation, there will be an estimated capacity of 200,000 transactions per second initially. The document states that the latency will be less than one millisecond in a public deployment environment. How does the launch fit existing partnerships? LayerZero further offers cross-chain support for stablecoins. Anchorage Digital recently chose LayerZero's Omnichain Fungible Token standard to facilitate the integration of stablecoins issued by banks on different chains. Anchorage announced Tether's USAT to be the first stablecoin issued on its platform with this interoperability capability. Its roadmap consists of transfers among Ethereum, compatible chains, and Solana. The bank collaboration is independent of the ATLAS trading launch in November. Arslan Tabish Arslan Tabish is a Technical Reporter and Market Analyst at Tron Weekly with over five years of experience covering cryptocurrency markets and blockchain developments. His reporting focuses on Bitcoin, Ethereum, altcoins, and decentralized finance, alongside NFTs, crypto regulation, policy, and Web3 innovations. Arslan covers blockchain technology, Layer 2 scaling solutions, and emerging use cases, including AI-driven crypto applications, while delivering clear market analysis on how technical and regulatory developments impact digital asset markets. His work is designed for both beginners and experienced readers, offering accurate, easy-to-understand reporting without speculation or investment guidance.