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The launch of USDT0 and XAUT0 on Solana, expanding access to the omnichain


Omnichain version of Tether’s StableCoin USDT (USDT) and tether gold (XAUT) is now available on Solana through Legacy Mesh, an interoperability network built on Layerzero that connects native StableCoin Liquidity to multiple blockchains; This could position Solana as a competitive settlement layer for Onchain Finance and Real-World Assets (RWAS).

The deployment of USDT0 and XAUT0 effectively brings Tether’s digital dollar and tokenized gold to Solana, potentially integrating stablecoin liquidity with real-world use cases.

Unlike Tether’s USDT StableCoin, USDT0 is not issued by Tether. Rather, it is part of a third-party omnichain liquidity network designed to unify existing native USDT liquidity across multiple blockchains. As such, Solana’s integration potentially strengthens Tether’s Omnichain footprint, following earlier deployments of USDT0 on Ethereum, OP Superchain, Polygon, Tons and Decision.

The legacy mesh enables interoperability by linking native USDT liquidity pools, allowing stablecoins to move between networks without relying on wrapped tokens or third-party bridges. However, bridging risks and liquidity destruction remain ongoing challenges across multichain systems, making it difficult to estimate how much USDT liquidity will actually migrate to Solana.

According to the companies, the expansion increases access to Tether’s USDT, the largest stablecoin by market capitalization, with a total circulating supply of nearly $180 billion.

Since launch, USDT0 products have processed more than $25 billion in bridge volume in more than 32,000 transfers, the companies said.

The circulating supply of USDT. Source: Defillama

Tamar Menteshashvili, head of StableCoins at the Solana Foundation, said the merger will support growth in decentralized finance, payments and institutional financial products at Solana. In practical terms, this may include Treasury management, remittance and collateralized lending.

While XAUT0 is less known, it represents an omnichain version of tether gold, which exists Got attention in the middle of the year climbing on gold prices. Xaut brings the yellow metal to the blockchain, giving it awayBTC).

Related: A close UX priority of the Ethereum Foundation is interoperability

StableCoins, RWAS gain traction in Solana

Solana, long known within crypto circles as one of the fastest growing blockchain networks, is increasingly attracting attention from traditional finance. With a market capitalization of nearly $112.6 billion, Solana is the second largest smart contract platform after Ethereum.

According to Matt Hougan, Chief Investment Officer at Bitwise Asset Management, Solana is positioned Win on Wall Streetpotentially becoming the preferred network of banks for StableCoin transactions.

Source: Matt Hougan

At the same time, RWA tokenization in Solana is accelerating. Protocols such as Splyce and Chintai have recently launched products This allows retail investors to access tokenized securities directly on the network.

Value of RWA by network. Source: Rwa.xyz

Despite this momentum, Solana still represents a small portion of the overall RWA market, with nearly $694 million in tokenized assets currently onchain, according to industry data. Ethereum remains the largest network for RWAS, hosting nearly $12 billion in value.

That gap underscores the competition among blockchains looking to attract institutional finance and real-world flows, especially amid a Pro-industry regulation regulation in the United States.

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