USDT0 Launches on ZenGo with Cross-Chain Access

**XAUt**, the gold-backed token, processed over **$1.6 billion in trading volume** within 24 hours on February 2, 2026. The tokenized gold market has reached a **$3.5 billion market cap**, with XAUt representing the largest gold-backed real-world asset (RWA) in the space. **Key developments:** - XAUt0 protocol unifies liquidity across **13 blockchain networks** - Enables cross-chain movement of gold-backed tokens - Creates DeFi infrastructure around physical gold The protocol bridges traditional store-of-value assets with decentralized finance, allowing gold to function as collateral and trading pairs across multiple chains. This infrastructure aims to make gold more accessible and liquid in digital markets while maintaining backing by physical reserves.

OutcomeMarketX is preparing to launch prediction markets backed by USDT0 on the HIP-3 protocol. **Key Details:** - Markets will utilize USDT0 as the base currency - Built on HIP-3 infrastructure - Platform launching on Higher network **Context:** This follows USDT0's expansion strategy, which previously included partnerships with MegaETH for mainnet integration. The stablecoin is being integrated across multiple platforms to support decentralized prediction market infrastructure. Prediction markets allow users to trade on the outcomes of future events, with USDT0 providing stable collateral for these positions.

**Plasma has accelerated its USDT0 infrastructure**, cutting settlement times with Ethereum in half. **Key developments:** - Settlement between Plasma and Ethereum is now **2x faster** - Plasma maintains the **largest native USDT0 supply** deployed onchain - The network holds one of the highest supplies of native USDT0 alongside Arbitrum and Polygon The upgrade enhances transaction efficiency in what Plasma calls "the largest USDT0 ecosystem," building on its position as a major hub for stablecoin liquidity with over $2B in USDT0 already accessible through integrations like Backpack wallet.

**Tether's USDT0 has integrated with Backpack across 8 blockchain networks**, creating unified omnichain liquidity for the world's largest stablecoin. **Key developments:** - USDT0 now accessible through Backpack's all-in-one crypto wallet and exchange - Integration spans multiple chains including Polygon, Arbitrum, and Sei Network - Enables seamless cross-chain USDT transfers and trading The expansion builds on previous deployments that began in September 2025, when USDT0 first launched on Backpack across three chains. The omnichain approach allows users to move USDT freely between supported networks without traditional bridging friction.

**USDT0** has launched as an omnichain stablecoin solution built on LayerZero's OFT standard, designed to eliminate liquidity fragmentation across DeFi networks. **Key Features:** - Unifies USDT liquidity across multiple blockchains including Solana, Avalanche, and MegaETH - Uses lock-and-mint architecture anchored to Ethereum reserves - Eliminates bridge exploits and double-counting risks - Single contract integration for protocols and wallets **Market Impact:** - Now live on Kraken via Plasma network - Targets institutional adoption alongside retail users - Enables deeper markets and tighter spreads for new chains - Powers capabilities on Hyperliquid's HyperEVM and HyperCore The infrastructure addresses a critical DeFi challenge where chains without deep stablecoin liquidity struggle with swaps, lending, and consistent asset pricing. [Read the full blog](https://paragraph.com/@tetherzero/how-omnichain-liquidity-is-reshaping-defi)