Polygon Labs integrates AUSD as the stablecoin for AggLayer to simplify cross-chain operations, reduce fragmentation, and enhance liquidity across the ecosystem. As cross-chain use grows, demand for AUSD and the POL token increases, with POL seeing a 45% rise over the past week and substantial trading volume. Backed by VanEck and State Street, AUSD provides…
September 18, 2024 at 04:55 AM GST updated: September 18, 2024 at 04:26 AM 2 mins read News IoTeX and Polygon Labs partner to merge IoTeX 2.0 with AggLayer for enhanced cross-chain DePIN adoption. AggLayer’s integration brings unified liquidity and ZK proofs, boosting security across multiple blockchains. New IoTeX infrastructure supports seamless multi-blockchain operations, linking…
Polygon Labs has announced a $5 million investment in Fabric’s custom Verifiable Processing Unit (VPU) to enhance the performance of its ZK-powered protocols. This investment marks Polygon Labs as the first protocol to adopt these next-generation crypto-native hardware systems. The VPU, designed to support advanced cryptographic operations and optimized for ZK cryptography, aims to accelerate…