Layerswap provides a fast and cost-effective solution for transferring crypto assets across multiple networks and exchanges, reducing fees and transaction times while simplifying the bridging process. It operates without a formal governance structure or a native token. Layerswap has raised a total of $4 million across three funding rounds, with the latest being a $2.5 million seed investment on November 10, 2022.
The Stabila Foundation is a community-driven initiative focused on advancing stablecoin adoption within the Celo ecosystem. Established in May 2024, it supports the growth of Celo-native stablecoins through liquidity incentives, educational campaigns, and strategic partnerships
