All Eyes on Monad 💜
Last Week In The Multi-Chain Ecosystem (17 - 23 Nov '25)
Welcome to the interop/acc newsletter — a weekly curation of the major updates and announcements from the industry’s leading interop protocols and ecosystems.
Interop Protocols
1) Monad mainnet is set to launch today, with native bridge frotnend powered by Wormhole (using LI.FI under the hood). Several other interop solutions including LayerZero (Stargate), LI.FI (Jumper), Relay, Axelar will go live on Monad on day 1.
2) Ethereum researchers propose the Ethereum Interop Layer (EIL).
2) Circle introduces Circle xReserve, a new intro infra for teams to launch USDC-backed stablecoins. This will allow 1:1 transfers between USDC-backed stablecoins and USDC.
3) Dinari, provider of tokenized U.S. stocks, has integrated LayerZero to enable 200 tokenized equities, known as dSharesâ„¢.
4) Anoma announces the Anoma Request Machine (ARM), next-gen VM that supports native intents.
5) Paxos announces USDG0, bringing the global dollar USDG to every ecosytem, powered by LayerZero.
6) Phantom now supports swapping and bridging HyperEVM tokens, powered by LI.FI.
Interesting Resources
1) EIL: Making Ethereum Feel Like One Chain Again
2) Rift: Trustless swaps between Bitcoin and Ethereum
3) Beyond Loans — Credit as Price, Collateral, and Code: Part I
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