Polygon Upgrades Native USDT to USDT0 with $1.3B Liquidity
Polygon Upgrades Native USDT to USDT0 with $1.3B Liquidity
馃敆 Polygon's USDT upgrade
Polygon has upgraded its canonical PoS USDT to USDT0, powered by LayerZero's OFT standard and backed 1:1 by USDT on Ethereum.
Key Features:
- Over $1.3B in USDT liquidity and 6M+ wallets now integrated into the USDT0 ecosystem
- Enables instant settlement with fewer intermediaries
- Supports multihop transactions across chains including Unichain, Hyperliquid, Flare, and Tron in a single transaction
- Eliminates need for wrapped tokens or traditional bridges
Additional Launch: Polygon also introduced XAUt0, the omnichain version of Tether Gold, bringing native gold-backed liquidity to the network for the first time.
Use Cases:
- DeFi protocols can now integrate gold-backed collateral for borrowing and hedging
- Frictionless liquidity for P2P payments and asset-backed finance
- Portfolio diversification with real-world assets
This upgrade positions Polygon as a multichain coordination layer for enterprise and institutional adoption, connecting legacy financial infrastructure with modern blockchain technology.
Instant settlement. Global reach. Fewer intermediaries. Backed by $1.3B+ in onchain USDT liquidity and 6M+ wallets. This is USDT0 on Polygon.
Last year, we upgraded PoS USDT on @0xPolygon to the USDT0 standard. Bringing +$1.3B in USDT liquidity and 6M+ wallets on Polygon into the USDT0 ecosystem. From @0xAishwary:
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