Tether’s USDT0 and XAUt0 Go Live on Solana, Bringing Omnichain Liquidity and Tokenized Gold
The LayerZero-powered deployment links Solana to a reported $170B-plus liquidity pool through Legacy Mesh.
Overview
- USDT0 and XAUt0 launched on Solana with native cross-chain transfers that avoid wrapped tokens and third-party bridges.
- Project disclosures cite access to more than $170B–$175B in unified Tether liquidity across 12+ chains now reachable from Solana.
- Legacy Mesh underpins transfers with a 0.03% fee paid in USDT and reports over $25B in volume across 320,000+ transactions to date.
- XAUt0 adds audited, gold-backed assets for programmable finance on Solana, supporting use cases such as lending, hedging, and treasury collateral.
- Market reaction was subdued as SOL traded near $196 and trackers flagged an Alameda-linked move of 88,131 SOL to Coinbase that could increase selling pressure.