LayerZero: supports Keeta stablecoin launch across Ethereum and Base - Jul 2026

In an X post from LayerZero, Keeta Stablecoins are set to launch across Ethereum and Base in nine major currencies in July, using LayerZero's OFT standard and backed by commercial bank deposits held through Bivo.The rollout gives LayerZero a more direct role in institution-focused settlement flows. If tokenized commercial bank money can move across multiple chains through OFT, LayerZero becomes part of the infrastructure for transferring regulated value between networks rather than only supporting general token interoperability.That can widen LayerZero's relevance to tokenized finance, since the use case is tied to cross-chain cash management in several fiat currencies. A practical limit is that the announcement confirms availability, not how much institutional usage will follow after launch.The world's largest institutions need a cash management system that works across fiat currencies and public blockchains. is solving that problem by introducing tokenized commercial bank money, built on LayerZero's OFT standard.