Tether’s omnichain liquidity network expands reach to Solana, opening access to over $175 billion.
USDT0, the unified liquidity network for the most popular stablecoin Tether, and XAUt0, the omnichain version of Tether Gold, launched their native assets on Solana today. This event could significantly impact capital flows between the largest cryptocurrency ecosystems.
Connection to global USDT reserves
With USDT0 Legacy Mesh, powered by the LayerZero protocol, Solana was directly connected to native USDT liquidity from Ethereum, Tron, TON and other leading networks, representing over $175 billion in circulation. While Solana already has approximately $2.7 billion in native USDT, the new integration opens up entirely new possibilities.
Legacy Mesh increases the speed and interoperability of USDT tokens, allowing users to introduce USDT funds to Solana in a permissionless manner with the lowest fees in the market.
But what exactly is Legacy Mesh? Legacy Mesh is an interoperability layer dedicated to stablecoins. Each transaction is fully supported by real assets, without wrapped or synthetic tokens. Transfers incur a 0.03% fee payable in USDT.
Gold goes to Solana
At the same time, XAUt0 – the omnichain version of Tether Gold – is launched on Solana. This introduces programmable utility for gold, making it an asset for use as collateral, hedging and onchain treasury management. Tether’s tokenized gold is backed by over 7.66 tons of physical gold.
Check also: The Chinese banking giant is tokenizing a $3.8 billion fund on the Binance Smart Chain blockchain
Independent Everdawn Labs ecosystem
USDT0 is not issued by Tether, but is part of a third-party liquidity network designed to unify existing native USDT liquidity across multiple blockchains. USDT0 is developed by Everdawn Labs, working in alignment with Tether’s goals.
Lorenzo R., co-founder of USDT0, explained:
At USDT0, we focus on creating a transparent infrastructure where sending value is as seamless as sending an email. With Solana, we extend this beyond DeFi to payments, corporate finance and real asset markets
Impressive Tether results
Since launch, USDT0 products have exceeded $25 billion in bridge volume in over 320,000 transfers, making it the most active omnichain token in the LayerZero ecosystem.
Solana’s integration with Legacy Mesh could provoke new capital flows into one of the fastest and most cost-effective blockchain ecosystems on the market.
