#usdt0

[rwatimes]

Gemini Rolls Out USDT0 Support Across Ethereum, Solana, Tron

➤ Gemini has launched USDT0 deposit and withdrawal support across multiple blockchains including Ethereum, Solana, Tron, Arbitrum, and Avalanche. ➤ This integration aims to enhance stablecoin transfer options and interoperability for users, allowing direct cross-chain transfers without bridging. ➤ The move signifies continued exchange interest in stablecoin infrastructure despite ongoing regulatory scrutiny of the sector.

[rwatimes]

DeFi idle capital hits $12 billion as USDT0 offers solution

➤ DeFi faces a significant challenge with approximately $12 billion in stablecoin liquidity remaining idle, failing to generate yield. ➤ Fragmented blockchain infrastructure necessitates maintaining separate reserves across networks, mirroring traditional banking's inefficient nostro/vostro accounts. ➤ The new stablecoin protocol USDT0 aims to solve this by offering an integrated cross-chain pool, enhancing capital efficiency and moving beyond TVL as a sole metric of success.

[rwatimes]

Gemini adds USAT, XAUT, and USDT0 to its expanding stablecoin ecosystem

➤ Gemini has expanded its ecosystem by adding USAT (a US-regulated dollar stablecoin), XAUt (tokenized gold backed by physical gold), and USDT0 (cross-chain Tether) to its platform. ➤ The integration of these assets, particularly USDT0 on Arbitrum, aims to enhance user experience by consolidating access to stablecoins and real-world assets, reducing the need for multiple platforms. ➤ While offering convenience, the article notes inherent risks associated with reserve backing for USAT and XAUt, and reliance on LayerZero's infrastructure for USDT0.

[rwatimes]

Gemini adds USAT, XAUt, and USDT0 stablecoins, enhancing its digital asset offerings with gold and cross-chain options.

Gemini exchange has introduced three new digital assets: USAT, a US-regulated dollar stablecoin backed by Anchorage Digital Bank; XAUt, a tokenized gold asset representing physical gold stored in Swiss vaults; and USDT0, a cross-chain version of Tether operating on LayerZero’s infrastructure. This expansion allows investors to access these stablecoins and tokenized gold in one platform, simplifying asset management and enabling cross-chain transfers across multiple networks including Arbitrum. While this broadens investment options, users should consider risks such as reliance on bank reserves for USAT, trust in gold backing for XAUt, and infrastructure dependency for USDT0.

➤ Gemini exchange has listed three new digital assets: USAT (a US-regulated dollar stablecoin), XAUt (tokenized gold), and USDT0 (a cross-chain Tether). ➤ This expansion aims to simplify asset management and enable cross-chain transfers across networks like Arbitrum. ➤ Investors should be aware of the associated risks, including reliance on bank reserves, gold backing, and infrastructure dependency.

[rwatimes]

USDT0 Links BTC to Tokenized Gold Swaps on BOB - Crypto Economy

USDT0 says Bitcoin holders can swap BTC directly into XAUt0 tokenized gold via BOB Gateway in one non-custodial transaction.

➤ USDT0 has integrated with BOB Gateway to allow Bitcoin holders to directly swap BTC for tokenized gold (XAUt0) in a single, non-custodial transaction. ➤ This integration aims to provide Bitcoin holders with direct gold exposure, bypassing centralized exchanges and reducing custody risk. ➤ The service currently supports Ethereum Mainnet, with plans to expand to BNB Chain and approximately 15,000 applications across 11 chains via BOB Gateway's API and SDK.

[my-asianewstoday-blog]

Mantle and Bybit Unite to Bring USDT0 http://dlvr.it/TPXtD2

[36crypto]

USDT0 Rockets Past $50B Transfers as Cross Chain Stablecoin Demand Surges

USDT0 crosses fifty billion transfers as cross chain demand intensifies rapidly. Stablecoin activity surges with growing adoption across fifteen integrated blockchain networks. Rising competition emerges as new omnichain assets enter expanding liquidity markets. USDT0’s rising influence in the stablecoin sector intensified after the network crossed $50 billion in cumulative transfers. This surge…

USDT0 Rockets Past $50B Transfers as Cross Chain Stablecoin Demand Surges