LayerZero, Chainlink Deals Top $15B as BitGo Supports WBTC
BitGo's recent move to support Wrapped Bitcoin (WBTC) has pushed the combined tally of LayerZero-to-Chainlink transactions near $15 billion.
The development is significant as it highlights the growing adoption and usage of decentralized finance (DeFi) protocols in the crypto space.
LayerZero, a decentralized interoperability protocol, enables seamless interactions between different blockchain networks. Chainlink, a decentralized oracle network, provides external data feeds to smart contracts on these networks.