Tether has partnered with Ink, a layer-2 scaling network by Kraken, to launch its new omnichain stablecoin, USDT0.
Tether has announced the launch of its new omnichain stablecoin, USDT0, in partnership with Ink, a layer-2 scaling network by Kraken. This latest innovation is designed to enhance interoperability for USDT, unifying liquidity across multiple blockchain networks.
With the deployment of USDT0, Tether aims to improve user and developer experiences with seamless asset transfers. The stablecoin is fully backed 1:1 with USDT locked on the Ethereum blockchain, ensuring its value and reliability across different ecosystems.
Moreover, Ink’s integration with USDT0 is set to enable effortless transactions and enhance liquidity management. According to the announcement, Kraken will commence trading for USDT0 on its centralized exchange at 15:00 UTC. Users will be able to deposit and withdraw the stablecoin after its official launch.
This exclusive rollout highlights Ink’s capability to support large-scale stablecoin operations, setting new standards for interoperability. The deployment also underscores Tether’s commitment to improving user experiences by addressing challenges like liquidity fragmentation and operational complexity.
notably, the partnership and USDT0's launch further推進Tether's role as a leader in advancing stablecoin technology. Following its successful launch on Ink, Tether plans to expand USDT0's reach to additional blockchains.
The company intends to deploy the stablecoin on Berachain, an Ethereum-compatible Layer 1 blockchain, and MegaETH. These platforms bring unique features like Proof of Liquidity consensus and high transaction processing speeds, which align with USDT0's goals.
The expansion will further enhance USDT0's usability across various ecosystems, ensuring broader accessibility. By deploying on platforms with advanced capabilities, Tether aims to strengthen interoperability and reduce barriers for developers and users. These initiatives underscore Tether’s strategy to push the boundaries of stablecoin technology.
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