In a fireside chat at a Stellar event, Tomer from Stellar Development Foundation interviews Simon Baxes from Layer 0 about their upcoming integration, making Stellar the 143rd chain connected to Layer 0's cross-chain messaging protocol. Layer 0, handling 82% of cross-chain messaging volume and $10B monthly, enables native asset transfers for issuers like Tether and PayPal without wrapping risks. The integration promises sub-second, gasless swaps and universal interoperability, supercharging Stellar's payments and finance ecosystem.
Tomer, Chief Product Officer at Stellar Development Foundation, hosts Simon Baxes, global business lead at Layer 0, in a fireside chat discussing Layer 0's integration with Stellar. Layer 0 is a leading infrastructure messaging protocol for cross-chain interoperability, supporting 142 chains and processing nearly $10 billion in monthly volume across assets like USDT, PYUSD, and WBTC. Unlike traditional bridges prone to exploits, Layer 0 facilitates native asset burns and mints via point-to-point messaging, serving as the CCTP for major issuers including Tether, PayPal, and Paxos. The Stellar integration, highlighted as technically challenging due to its unique architecture, will connect it to EVM and non-EVM ecosystems, enabling seamless access for 550+ Layer 0 applications. Recent developments include Layer 0's $110M Stargate acquisition and launch of cross-chain swaps for sub-second, MEV-resistant transfers. Simon emphasizes Layer 0's institutional appeal through 'unreasonable hospitality' and preparation advice for Stellar builders. The partnership is driven by Stellar's proven uptime, payments focus, and shared institutional customers like Ondo and Centrifuge.
