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Tether and LayerZero are collaborating to launch USDT0, a multichain version of the Tether USD stablecoin. The Omnichain Fungible Token standard will enable cross-chain transfers, unifying liquidity and eliminating the need for intermediary bridges. USDT0 will debut on Kraken’s Ink blockchain and aims to expand to other chains. Tether’s market presence continues to grow, despite regulatory challenges in the EU.
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