TLDR Tether’s omnichain versions USDT0 and XAUT0 are now live on Solana via Legacy Mesh, an interoperability network built on LayerZero USDT0 connects to over $175 billion in Tether liquidity across multiple blockchains including Ethereum, Tron, and TON Current circulating supply shows 7.5 billion USDT0 tokens and 7,355 XAUT0 tokens, small compared to standard USDT’s [...] The post Tether Launches USDT0 and XAUT0 Gold Token on Solana appeared first on CoinCentral.TLDR Tether’s omnichain versions USDT0 and XAUT0 are now live on Solana via Legacy Mesh, an interoperability network built on LayerZero USDT0 connects to over $175 billion in Tether liquidity across multiple blockchains including Ethereum, Tron, and TON Current circulating supply shows 7.5 billion USDT0 tokens and 7,355 XAUT0 tokens, small compared to standard USDT’s [...] The post Tether Launches USDT0 and XAUT0 Gold Token on Solana appeared first on CoinCentral.

Tether Launches USDT0 and XAUT0 Gold Token on Solana

2025/10/16 15:50
3 min read
For feedback or concerns regarding this content, please contact us at [email protected]

TLDR

  • Tether’s omnichain versions USDT0 and XAUT0 are now live on Solana via Legacy Mesh, an interoperability network built on LayerZero
  • USDT0 connects to over $175 billion in Tether liquidity across multiple blockchains including Ethereum, Tron, and TON
  • Current circulating supply shows 7.5 billion USDT0 tokens and 7,355 XAUT0 tokens, small compared to standard USDT’s 180 billion supply
  • The system has processed over $25 billion in bridge volume across more than 320,000 transactions since launch
  • Solana now has direct access to Tether’s stablecoin and tokenized gold without wrapped tokens or traditional bridges

Tether has expanded its presence on Solana through the launch of two omnichain tokens. USDT0 and XAUT0 are now available on the network via Legacy Mesh, an interoperability framework built using LayerZero technology.

The tokens are managed by Everdawn Labs and designed to move across blockchains while maintaining full backing. USDT0 represents an omnichain version of Tether’s dollar-backed stablecoin, while XAUT0 brings tokenized gold to the network.

USDT0 connects Solana to a broader liquidity network that includes Ethereum, Tron, TON, Polygon, Arbitrum, and OP Superchain. Lorenzo R., co-founder of USDT0, stated the system now accesses more than $175 billion worth of Tether liquidity across chains.

The current circulating supply stands at about 7.5 billion USDT0 tokens. XAUT0 has roughly 7,355 tokens in circulation. These numbers are small compared to standard USDT, which exceeds 180 billion tokens, and original XAUT with around 375,572 tokens.

Legacy Mesh operates as a stablecoin-native interoperability framework. The system links native USDT liquidity pools across networks without relying on wrapped tokens or third-party bridges. Every transfer through Legacy Mesh is backed by real assets.

Cross-Chain Infrastructure Details

The platform charges a 0.03 percent fee per transaction, paid in USDT. Since its launch, USDT0 has moved through nine different chain pathways. The system has processed more than 320,000 transactions with over $25 billion in total bridge volume.

Tamar Menteshashvili, Head of Stablecoins at the Solana Foundation, said the integration supports growth in decentralized finance, payments, and institutional-grade financial products. Practical applications could include treasury management, remittances, and collateralized lending.

Solana is the second-largest smart contract platform after Ethereum with a market capitalization of about $112.6 billion. The network has attracted attention from traditional finance for stablecoin transactions.

XAUT0 brings programmable gold features to Solana. This allows the tokenized asset to be used in lending, hedging, or as treasury collateral across decentralized protocols.

Solana’s Real-World Asset Position

Solana currently hosts about $694 million in tokenized real-world assets. This represents a small fraction of the overall RWA market. Ethereum remains the largest network for RWAs, hosting nearly $12 billion in value.

Recent protocols such as Splyce and Chintai have launched products on Solana. These allow retail investors to access tokenized securities directly on the network.

Matt Hougan, chief investment officer at Bitwise Asset Management, stated Solana is positioned to attract Wall Street. The network could become a preferred platform for banks conducting stablecoin transactions.

The deployment gives developers native access to USDT0 and XAUT0 without fragile bridge infrastructure. Applications could include cross-border remittance tools or treasury systems using real-world value.

USDT0 and XAUT0 are not issued directly by Tether. Instead, they are part of a third-party omnichain liquidity network designed to unify existing native USDT liquidity across multiple blockchains.

The post Tether Launches USDT0 and XAUT0 Gold Token on Solana appeared first on CoinCentral.

Market Opportunity
TokenFi Logo
TokenFi Price(TOKEN)
$0.002856
$0.002856$0.002856
-1.72%
USD
TokenFi (TOKEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28
Trump erupts at Fox News reporter during  roundtable: 'What a stupid question'

Trump erupts at Fox News reporter during  roundtable: 'What a stupid question'

An agitated President Donald Trump lashed out at two reporters during his White House “Saving College Sports” roundtable, complaining that the journalists failed
Share
Rawstory2026/03/07 07:19
Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

The post Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029 appeared on BitcoinEthereumNews.com. Bitcoin is likely to outperform gold on price performance
Share
BitcoinEthereumNews2026/03/07 07:22