Its participation will help advance interoperable, regulated stablecoin infrastructure as adoption of cross-chain digital dollars continues to grow. Aug. 5, 2026LayerZero has become a member of the Global Dollar Network, strengthening its role in regulated stablecoin infrastructure, according to a Wednesday statement. Launched in late 2024, the Global Dollar Network is an industry-wide stablecoin initiative built to promote institutional adoption of Global Dollar (USDG), a regulated US dollar-backed stablecoin issued by Paxos entities under regulatory oversight in Singapore and the European Union. LayerZero said that its Omnichain Fungible Token (OFT) standard already powers USDG, while the partnership brings LayerZero into an ecosystem of more than 150 institutions and enterprises. The move expands collaboration around interoperable dollar infrastructure, with LayerZero providing cross-chain connectivity across more than 170 blockchain networks.