Tests are conducted in private beta until the token receives regulatory clearance.

The ecosystem claims it's built for speed, security, low fees, and memes. It's raised almost $8 million for the presale of its PEPU token.

Speed Wallet introduced USDT-L on Bitcoin’s Layer 2.

Chainlink’s Cross-Chain Interoperability Protocol has hosted $198 million worth of transfers.

The news comes as Arbitrum is working to expand the Orbit ecosystem.

Bitcoin-based memecoins, known as Runes, have only been around since April this year.

Polkadot is making inroads into the Web3 gaming ecosystem, currently dominated by BNB Chain, Polygon, and Ronin Network.

Ethereum’s chief scientist also called on Layer 2 developers to prioritize cross-L2 interoperability and improving decentralization.

Polyhedra’s Proof Cloud comprises a ZK prover marketplace and benchmarking platform for L2 developers.

The move sees the DMV digitize 42 million vehicle titles on Avalanche to simplify management.