Tether leverages Kraken’s Layer 2 network Ink to deploy its cross-chain USDT0 stablecoin for the first time

PANews reported on January 17 that according to The Block, according to an announcement on Thursday, Tether has deployed its stablecoin USDT0 for the first time using the native Ethereum extension layer Ink of the crypto exchange Kraken. USDT0 aims to develop into a cross-chain "unified liquidity layer" to make the transfer of USDT in the crypto ecosystem easier. It uses LayerZero's Omnichain Fungible Token standard, a relayer designed to mint and destroy tokens on different blockchains.

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Author: PA一线

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