Cardano Approves LayerZero Integration, Paving Way for Privacy-Enabled USDCx
Committee approval places the rollout under Intersect’s oversight as Cardano pursues institution-ready connectivity.
Overview
- Charles Hoskinson confirmed the integration at Consensus Hong Kong, positioning Cardano to connect with 160+ blockchains and reported access to over $80 billion in omnichain assets.
- The Cardano Steering Committee approved the deal within its Critical Cardano Integrations workstream, with Intersect administering the deployment and technical work already underway.
- LayerZero will introduce the Omnichain Fungible Token standard and Stargate bridge to Cardano, enabling unified token movement via burn-and-mint mechanics without traditional wrapping.
- Hoskinson outlined a planned USDCx stablecoin on Cardano featuring zero-knowledge privacy and broad wallet and exchange support, with timing aligned to Midnight’s mainnet expected by end of March.
- ADA rose about 2.9% to $0.2630 with trading volume up roughly 13% following the announcement, reflecting a modest market response.