TechFlow reports, on January 17, Tether announced the launch of USDT0, a cross-chain dollar-pegged stablecoin built on the LayerZero OFT standard. The product will maintain a 1:1 peg with USDT on Ethereum. USDT0 has gone live today on Kraken's L2 network Ink and is planned to roll out陆续 to Berachain and MegaETH.
Tether CEO Paolo Ardoino stated that USDT0 will help expand USDT to more blockchain networks, enhancing cross-chain interoperability. He emphasized that unlike competitors focusing on wealthy individuals, Tether prioritizes providing access to the U.S. dollar for unbanked users and people in high-inflation countries.
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