LayerZero details "Zero" Layer-1 plan as L2BEAT challenges CCIP security assumptions
LayerZero has published an ecosystem report positioning itself as institutional-grade finance infrastructure, including plans for "Zero," a dedicated Layer 1 aimed at tokenized assets, stablecoin settlement, and always-on capital markets. The report says the protocol has facilitated more than $260bn in value transfer and supports about 70% of cross-chain stablecoin volume. The update comes as L2BEAT questioned whether post-KelpDAO moves from LayerZero to Chainlink's CCIP necessarily deliver material security gains.