The stablecoins USDT0 and XAUt0 launched on the Polygon network.

Polygon has just integrated USDT0 and XAUt0, the omnichain version of the Tether stablecoin, announced by Everdawn Labs. This is a significant milestone as Polygon becomes the 12th blockchain to support USDT0 and the 3rd for XAUt0, after TON and Hyperliquid.

Unlike USDT and XAUT, which are directly backed by Tether with USD or gold, USDT0 and XAUt0 are minted through contracts on Ethereum. This helps to expand cross-chain liquidity and increase interaction between networks.

Polygon was chosen for having over 1 billion USD in USDT liquidity, more than 6 million wallets, and a strong infrastructure for DeFi, payments, and enterprise applications. USDT0 launched in January 2025 and has reached a market cap of nearly 1.6 billion USD in just two months, while XAUt0 has only reached 2.5 million USD. Currently, Tether USDT remains the largest stablecoin with a market cap exceeding 167 billion USD, while XAUT has first crossed the 1 billion USD mark.

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