Stargate DAO Considers $20M Allocation for New Intents System

**Stargate achieved a milestone in September**, processing **$11.5 billion** in cross-chain value transfers and swaps - marking its highest monthly volume to date. The protocol continues expanding its reach with recent additions: - EURQ and USDQ stablecoins from Quantoz now live - MiCA-compliant tokens using LayerZero's OFT standard - Zero slippage transfers between Ethereum and Polygon **Top chains by inflows** this September included Ethereum, Mantle, Linea, Berachain, and Arbitrum. Stargate also served as the **official bridge for Plasma's mainnet launch**, processing over $3B in transfers within 24 hours. The protocol now supports major assets including USDT, USDe, AUSD, weETH, and XPL across 80+ chains. As tokenization grows, **interoperability demand increases** - positioning Stargate as critical infrastructure for cross-chain liquidity movement.

**Ethena's ENA and USDe tokens are now available on X Layer**, expanding the protocol's multi-chain presence. **Key features:** - Move $ENA, $USDe, and $sUSDe from 25+ chains to X Layer - **1:1 transfer rate with zero slippage** - Powered by LayerZero's OFT standard - Access through Stargate bridge This integration builds on Ethena's recent expansion to 18 chains via LayerZero's OVault, which enabled **one-click USDe staking** across multiple networks including Optimism, Base, Arbitrum, and BNB Chain. The move strengthens Ethena's position in the omnichain DeFi ecosystem, making their synthetic dollar and staking tokens more accessible across different blockchain networks.

**PayPal's PYUSD stablecoin is expanding to the Aptos blockchain**, marking another step in the payment giant's multi-chain strategy. The integration brings institutional-grade stablecoin infrastructure to Aptos developers and users. This follows PayPal's previous deployments on Ethereum and Solana networks. **Key developments:** - PYUSD now available on Aptos ecosystem - Pyth Network providing sponsored USD price feeds for seamless integrations - Enhanced support for Aptos builders with reliable data infrastructure The move strengthens Aptos' DeFi ecosystem by adding a major regulated stablecoin option for developers building payment and trading applications.

**VFY token from zkVerify Protocol is now available on Stargate**, enabling seamless transfers between zkVerify network and Base Chain. Key features: - **1:1 exchange rate** with zero slippage - Powered by LayerZero's **OFT (Omnichain Fungible Token) standard** - Direct integration with Stargate's liquidity transport protocol This launch follows similar integrations, including KAVA's recent adoption of the OFT standard for cross-chain movement between BNB Chain and Kava Chain. The integration expands VFY's accessibility across multiple blockchain networks while maintaining price stability through Stargate's infrastructure.

**PENGU token now supports direct deposits to Hyperliquid**, eliminating the need for traditional bridging and swapping processes. **Key Features:** - One-click deposit functionality from supported chains - Powered by LayerZero's cross-chain infrastructure - Direct integration with HyperCore - Streamlined user experience This integration simplifies the deposit process for PENGU holders, removing multiple transaction steps typically required when moving tokens between different blockchain networks. Users can now transfer PENGU directly to Hyperliquid without intermediate bridging or token swaps. The feature leverages LayerZero's omnichain protocol to enable seamless cross-chain transfers, making it easier for traders to access Hyperliquid's trading platform with their PENGU holdings.