Initia L1 and Rollups Resume Normal Operations
Initia L1 and its Rollups have resumed operations and are running normally. According to Odaily, cross-chain bridges and trading platforms are expected to resume transfers later today. LayerZero OFT assets WETH and AUSD0 will have a 24-hour withdrawal processing period, while Noble USDC withdrawals will be subject to hourly limits. Asset backing for AUSD0, USDC.n, and WETH has been fully restored.