Home > Quick > Body

Tether deploys its cross-chain USDT0 stablecoin through Kraken's Layer2 Ink

clock
2025-01-16 22:31:25
Tether has launched its cross-chain USDT0 token using cryptocurrency exchange Kraken's native Ethereum extension layer 2 network, Ink.
It is reported that USDT0 hopes to develop into a cross-chain "unified liquidity layer", making the transfer of USDT in the crypto ecosystem easier. It uses LayerZero's Omnichain Fungible Token standard, a repeater designed to mint and destroy tokens on different blockchains.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.