CoinScoopLayerZero Gains Institutional Traction as ZRO Rallies 16%
LayerZero (ZRO) has seen increased institutional adoption, with Anchorage Digital utilizing its technology for Tether's USAT stablecoin and BDACS adopting it for a KRW-backed stablecoin. Following these developments, ZRO's price rose 16.46% with a market capitalization of approximately $678 million. Spot trading volume increased by 22.24%, reflecting strong buying pressure, though derivatives activity remains mixed.
Summaries are written by AI from the original article. Not investment advice.