According to news on January 9, 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 reports, Proto-USD simplifies cross-chain liquidity and enables USDC to be easily transferred between Avalanche L1 and other networks, aiming to improve the accessibility, scalability and overall connectivity of the Avalanche ecosystem.