Cardano Connects 80 Chains, Secures $80 Billion in Liquidity as It Tells Ethereum to Move Aside

▲ Charles Hoskinson, Cardano (ADA), Midnight (NIGHT) / ChatGPT-generated image

Cardano (ADA) is set to break free from its isolation from external ecosystems and leap forward as a central hub in a massive interoperability network that communicates in real time with more than 80 blockchains worldwide.

According to crypto media outlet U.Today on February 23 (local time), Cardano founder Charles Hoskinson recently announced during a live broadcast that “the integration with LayerZero has been completed, fully resolving the network’s state of isolation.” Hoskinson emphasized that Cardano is no longer an island existing independently and explained that the integration will dramatically enhance liquidity and connectivity across the ecosystem.

The LayerZero integration directly connects Cardano to more than 80 blockchain networks, providing users with access to a vast range of assets. LayerZero is an omnichain protocol that enables communication between different blockchains, allowing Cardano users to freely utilize assets from external networks such as Ethereum and Solana. Notably, Cardano maintains the advantages of its unspent transaction output (UTXO) model while maximizing connectivity with external ecosystems.

Hoskinson also unveiled plans to introduce USDCx, a new institutional-grade stablecoin infrastructure. USDCx is designed with enhanced privacy features while maintaining a non-freezable structure, making it an optimal asset bridging traditional finance and the digital asset market. Hoskinson stated that the asset will strengthen Cardano’s financial competitiveness while creating an environment in which institutional investors can participate with confidence.

Meanwhile, the mainnet of Midnight, a privacy-focused blockchain and another key project within the Cardano ecosystem, is scheduled for launch in March. Hoskinson expressed confidence that Midnight will leverage zero-knowledge proof technology to achieve both regulatory compliance and privacy protection simultaneously. In addition, the $80 billion in omnichain liquidity secured through the LayerZero integration is expected to serve as a catalyst accelerating the growth of Cardano’s decentralized finance market.

Cardano is cementing its position as a hub that unites the global blockchain ecosystem after shedding its technical isolation. The combination of the LayerZero integration and the launch of Midnight marks a new phase for Cardano’s technological value.

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