Altcoins News

Story: Tether Brings Cross-Chain Dollars and Gold to Solana

By Julie Binoche

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Layerzero Powers Omnichain Integration. At the core of this integration is Layerzero, a trustless interoperability protocol often…

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USDT0 Unifies Stablecoin Liquidity. Since its introduction, USDT0 has already facilitated over $25 billion in bridge volume across…

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XAUT0 Brings Gold-Backed Assets to Solana. Alongside USDT0, Tether’s gold-backed token XAUT0 is also going live on Solana.

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Implications for DeFi and Institutional Finance. The arrival of Tether’s Omnichain tokens on Solana is more than just a technical upgrade—it…

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Solana’s Growing Role in Blockchain Finance. With USDT0 and XAUT0 now live, Solana reinforces its position as a hub for high-speed transactions…

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Looking Ahead. As blockchain adoption continues to expand, interoperability solutions like Layerzero will play a…

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Solana’s decentralized finance ecosystem has received a significant upgrade with the arrival of Tether’s cross-chain tokens, USDT0 and XAUT0.

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Managed by Everdawn Labs, the integration extends Tether’s reach to blockchains where these tokens were not previously native.

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At the core of this integration is Layerzero, a trustless interoperability protocol often described as a “blockchain translator.

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USDT0 leverages Layerzero’s “Legacy Mesh” to connect Solana with native USDT liquidity from Ethereum, Tron, TON, and other major chains.

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Tamar Menteshashvili, head of stablecoins at the Solana Foundation, emphasized the importance of the integration: “This strengthens both the Solana and Tether ecosystems by…

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Low transaction fees on Solana make it an ideal home for stablecoin operations, further enhancing its appeal to developers and financial institutions.

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Alongside USDT0, Tether’s gold-backed token XAUT0 is also going live on Solana. This token enables programmable, gold-backed assets that can be used for lending, collateral, and…

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Investors and developers can now leverage gold-backed assets on Solana for a variety of financial applications.

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Lorenzo R., co-founder of USDT0, noted, “Moving value should feel as easy as sending an email.

The Currency Analytics

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