Back

Everdawn Labs Expands USDT0 and XAUt0 to Polygon Network

Everdawn Labs enhances the reach of its stablecoins, USDT0 and XAUt0, with integration into the Polygon network, utilizing LayerZero's Omnichain technology for cross-chain liquidity.

MATIC
USDT0

Summary

Everdawn Labs has expanded the availability of its cross-chain stablecoins USDT0 and XAUt0 to the Polygon blockchain, powered by LayerZero's Omnichain Fungible Token (OFT). USDT0 now spans 12 networks, while XAUt0, after its initial launch on TON, broadens its ecosystem with this new integration.

Terms & Concepts
  • USDT0: A cross-chain stablecoin designed to provide greater interoperability across blockchain networks, serving as a digital representation of the US dollar.
  • XAUt0: A cross-chain stablecoin backed by gold, offering users a blockchain-based representation of gold's value.
  • LayerZero: A cross-chain communication protocol that enables interoperability between blockchain networks, facilitating seamless asset transfers across multiple platforms.