On January 9th, the Avalanche Foundation announced that VIA Labs has received a grant through the InfraBUIDL () program. VIA Labs is using the funds to develop the Avalanche ecological cross-chain protocol Proto-USD. According to the presentation, Proto-USD simplifies cross-chain liquidity, enabling USDC to easily transfer between Avalanche L1 and other networks, with the aim of improving the accessibility, scalability, and overall connectivity of the Avalanche ecosystem.