Payment processing firms Worldpay and Global Payments on March 31, 2026, launched a Payments Decentralized Verifier Network (DVN) on the LayerZero protocol, aiming to bolster cross-chain security for transactions across nine blockchains.
"By bringing our decades of experience in traditional finance to the blockchain, we are providing a new layer of security that will be critical for institutional adoption," said Nabil Manji, Head of Crypto and Web3 at Worldpay, in a statement. "The Payments DVN on LayerZero acts as a powerful validation mechanism for cross-chain transactions."
The DVN will operate as an independent verifier on the LayerZero network, adding an additional check for cross-chain messaging. This is designed to prevent the types of exploits that have targeted cross-chain bridges in the past. The nine chains initially supported were not disclosed in the announcement.
This partnership represents a significant validation for LayerZero and the broader Web3 infrastructure from the traditional finance sector. The involvement of Worldpay, which processes over $3.7 trillion in annual payment volume, could increase institutional confidence in LayerZero's services and drive further integration between traditional finance and blockchain technology.
This article is for informational purposes only and does not constitute investment advice.
