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Input Output CEO and founder Charles Hoskinson announced a deal to port LayerZero to the Cardano blockchain during a keynote speech at Consensus Hong Kong on Thursday.
Hoskinson said the partnership will bring USDCx to Cardano, with a launch date set and “broad wallet and exchange support.” He described USDCx as stablecoins with “true privacy and immutability,” powered by zero-knowledge technology, and said the effort is aimed at institutional-grade use.
LayerZero, described as a blockchain intended to power institutional-grade markets, received investment from Citadel Securities on Wednesday. The announcement from Hoskinson also coincides with the rollout of Midnight’s mainnet, which was revealed on Thursday morning.
Hoskinson addressed broader market sentiment during the keynote, saying the industry is “not healthy” and that sentiment is at an “all time low.” He characterized the downturn as a “micro downturn,” adding that “the macro remains bullish.”
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
