USDai and sUSDai expand to Solana,LayerZero OFT the cumulative cross-chain transfer volume exceeds 2000000000 USD
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AT A GLANCE
USD.AI said that USDai and sUSDai have been expanded through LayerZero's OFT standard to Solana。
Article
USDai and sUSDai expand to Solana, based on LayerZero the cumulative cross-chain transfer volume exceeds 2000000000 USD
PANews October 1 message,USD.AI announced that USDai and sUSDai are now expanded to LayerZero's OFT standard Solana, enabling them to circulate across supported networks as unified assets.LayerZero stated that, in addition to Solana, the two assets also support Arbitrum, Ethereum, Plasma, and Base; to date, their cumulative cross-chain transfer volume implemented through OFT standard has exceeded 2000000000 USD。
PANews reported on October 1,USD.AI announced that USDai and sUSDai have been expanded through LayerZero's OFT standard to Solana。
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USD.AI said that the two assets can circulate across supported networks as unified assets.
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LayerZero stated that USDai and sUSDai also support Arbitrum, Ethereum, Plasma, and Base.
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LayerZero stated that, to date, the two assets' cumulative cross-chain transfer volume implemented through OFT standard has exceeded 2000000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This means that USDai and sUSDai were announced as integrated with Solana, and use LayerZero's OFT standard to transfer across multiple supported networks. The “cumulative cross-chain transfer volume exceeding 2000000000 USD” in the text is the cumulative amount disclosed by LayerZero and is not equivalent to current asset balances, liquidity, revenue, or user scale.
Why it matters to readers
If the relevant deployments and cross-chain functionality are available as intended, USDai and sUSDai may cover more networks, giving users another cross-chain transfer option. However, the original text provides no actual usage or liquidity data.
Beginners can understand it as follows: the two assets have added Solana as a supported network and use a unified standard to connect multiple networks; however, the cumulative transfer volume in the announcement does not directly prove that these assets already have many users or sufficient liquidity on Solana.
Risks and unknowns
The original text does not provide the official announcement, contract addresses, or on-chain data, so the deployment status cannot be independently verified.
exceeding 2000000000 USD in cumulative cross-chain transfer volume was reported by LayerZero, and the original text does not specify the statistical methodology, time range, or asset composition.
It remains unclear what the actual balances, liquidity, user demand, and cross-chain volume of USDai and sUSDai are on Solana.
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The original text does not describe the technical risks or security status of the cross-chain mechanism.
Related concepts
OFT standard
This term is not in the glossary yet. Browse related concepts in the glossary.