Woofun AI reports that LayerZero has partnered with Keeta to facilitate the cross-chain transfer of tokenized commercial bank deposits across public chains including Keeta Network, Ethereum, Solana, and Base. This collaboration combines LayerZero's omnichain interoperability protocol with Keeta's compliance infrastructure to support institutional fund management and payment operations.

The newly introduced Keeta Stablecoins are backed by commercial bank deposits custodied by Bivo, a licensed fintech platform in the United States. Unlike traditional stablecoins, these assets correspond to real commercial bank deposits, allowing issuers to maintain contract control via LayerZero's Omnichain Fungible Token (OFT) standard. Keeta Stablecoins will launch later this month, initially supporting the US dollar, with future expansions planned for the Euro, Japanese Yen, Chinese Yuan, British Pound, Canadian Dollar, Mexican Peso, UAE Dirham, and Hong Kong Dollar.