PayPal USD Expands Cross-Chain Capabilities with LayerZero

The LayerZero Foundation has initiated a significant move in the cross-chain ecosystem by proposing to acquire Stargate through the StargateDAO forums. Key points: - Proposal open for community feedback over 7-day period - Follows recent Stargate ecosystem expansion - Comes after $20M intent system proposal This development could reshape the future of cross-chain liquidity protocols. Community members can review and comment on the proposal through StargateDAO forums.

**Key Network Milestones:** - Sei Network surpasses $500M in transfer volume - Abstract reaches $100M+ in transfers - Total network hits $70B in transfer volume **July 2023 Performance:** - $3.95B transfer volume - 970K transactions completed - 34 new OFTs added - 5.8M API calls **Notable Updates:** - Sei Network now supports native USDC, USDT0, and WETH - PENGU token transfers increased 30% - Zero-slippage and zero-fee transfers available for OFTs - Instant settlement guaranteed for native assets *Network continues expansion with more Hydra chains and assets planned for August.*

The Ethereum Foundation (EF) has published its July 2025 Treasury Report, providing detailed insights into: - Current asset holdings - Monthly earnings breakdown - Recent treasury activities and transactions This follows the updated treasury policy from June 2025, which established new guidelines for: - Token sale strategies - Fiat currency acquisition - Enhanced transparency reporting measures *View the complete report here* [Treasury Report](link-placeholder) For historical context and previous reports, visit the [EF Treasury Archive](link-placeholder).

Stargate has expanded to Solana, enabling seamless transfers of multiple stablecoins and tokens including USDC, USDe, USDY, PYUSD, USDG, PENGU, HEMI, SEI, XDC, and CAKE. Key features: - Zero slippage and fee-free transactions - Perfect 1:1 execution rate - Integration with 80+ blockchain networks - Support for Circle's CCTP v2 The expansion follows significant milestones: - $250M transferred to Aptos - $7B+ moved to Base - Processing ~$69,700 in value every minute This launch strengthens Stargate's position as a global liquidity infrastructure, facilitating cross-chain asset movement with guaranteed settlement.

The Stargate Protocol is preparing to integrate EURC (Euro Coin) into its cross-chain infrastructure. This development will enable seamless Euro-denominated transfers across multiple blockchain networks. - EURC integration marks significant expansion of Stargate's currency options - Implementation expected to benefit European users and institutions - Launch timeline targeted for Q3 2025 This addition will expand Stargate's capabilities beyond existing stablecoin options, creating new opportunities for Euro-based cross-chain transactions. *European users will soon have native currency options for cross-chain operations.*