💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
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.