- XAUt0 adoption slower, with $2.5 million market cap based on CoinGecko.
- Polygon supports over $1 billion in USDT liquidity and 6 million wallets.
- Tether’s USDT surpasses $167 billion market cap, XAUT crosses $1 billion in August.
Polygon has change into the most current blockchain to adopt USDT0 and XAUt0, the omnichain versions of Tether’s USDT and XAUT stablecoins, because the stablecoin market continues to develop like a flash.
The improve used to be launched by USDT0 operator Everdawn Labs, with the integration introducing unique spoiled-chain liquidity requirements constructed on LayerZero’s Omnichain Fungible Token (OFT) framework.
The transfer positions Polygon as a key hub for stablecoin payments, decentralised finance (DeFi), and challenge use conditions.
It follows a year in which Tether’s USDT reached a market capitalisation of extra than $167 billion in August, and gold-backed XAUT crossed the $1 billion brand on 8 August.
USDT0 and XAUt0 develop across blockchains
USDT0 and XAUt0 differ from susceptible stablecoins by not being directly backed by sources equivalent to money or gold. As a replacement, they are minted when users deposit USDT or XAUT valid into a particular contract on Ethereum, which serves because the “LockBox” chain for the ecosystem.
USDT0, launched in January 2025, capabilities because the omnichain version of USDT, enabling accumulate admission to to buck-pegged liquidity across a few networks. XAUt0 followed soon after, providing gold-backed liquidity in a identical format.
Polygon becomes the eleventh supported blockchain for USDT0 and the third for XAUt0, after earlier deployments on TON and Hyperliquid’s HyperEVM.
The tokens private expanded incessantly: USDT0’s market capitalisation climbed to virtually $1.6 billion in precisely appropriate two months, while XAUt0 has to this point reached $2.5 million, based on CoinGecko files.
Cointelegraph reviews that Polygon’s integration moreover represents a milestone for XAUt0, marking its third blockchain growth. Towards this, USDT0 has spread extra widely, finding adoption across 11 blockchains since its January launch.
Why Polygon is central to stablecoin adoption
Polygon used to be selected for the integration attributable to its solid fresh presence within the stablecoin ecosystem. The network already supports over $1 billion in USDT liquidity and extra than six million wallets, making it a predominant horrible for both retail and institutional adoption.
The network has moreover passed through predominant infrastructure upgrades equivalent to AggLayer and the Bhilai Hardfork, which improve its scalability and compatibility with spoiled-chain projects.
These upgrades private made Polygon an “very ideal home” for omnichain stablecoins, with the improve guaranteeing that fresh Polygon-based USDT (PoS USDT) automatically becomes section of the USDT0 network with out a alternate in contract address.
With this integration, both buck-pegged and gold-backed liquidity change into natively accessible on Polygon. This mixture opens unique probabilities for DeFi capabilities, price techniques, and valid-world asset (RWA) adoption at an institutional scale.
A milestone in stablecoin interoperability
The mix is moreover necessary for being USDT0’s second predominant improve bright extra than $1 billion in liquidity, following its earlier launch on Arbitrum. Polygon now plays a severe role in providing the infrastructure for seamless stablecoin transfer across a few chains.
Since Ethereum acts because the LockBox chain, all USDT0 and XAUt0 minted tokens across networks correspond to reserves locked on Ethereum. This methodology ensures that the provision across blockchains stays in step with deposits on the horrible chain.
The broader context highlights the increasing interrogate for stablecoins as a basis for digital payments and tokenised sources.
With USDT’s dominance surpassing $167 billion in market worth and XAUT gaining traction previous $1 billion, the addition of omnichain liquidity instruments like USDT0 and XAUt0 shows a market extra and extra centered on interoperability and scalability.
