#Tether Launches Cross-Chain USDT0#
Hot Topic Overview
Overview
Tether has announced the first deployment of its cross-chain USDT0 token leveraging Kraken's native Ethereum scaling layer, Ink. This means USDT0 is now tradable on Kraken's Ink network and can interact with other Ink-enabled blockchains. This move marks a significant step forward in Tether's cross-chain strategy, expanding the reach of USDT0 to a wider blockchain ecosystem.
Ace Hot Topic Analysis
Analysis
Tether has deployed its cross-chain USDT0 token for the first time using Kraken's native Ethereum scaling layer, Ink. This marks Tether's first foray into expanding USDT beyond its native blockchain, providing users with a new avenue for transferring USDT between different blockchains. By leveraging Kraken's Ink Layer 2, Tether can achieve faster transaction speeds and lower fees, delivering a more convenient cross-chain experience for users. This move also signifies Tether's commitment to exploring new technologies and solutions to enhance the usability and scalability of its stablecoin, further cementing its leading position in the stablecoin market.
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Public Sentiment
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Classic Views
Tether deploys its cross-chain USDT0 stablecoin using Kraken's Ink Layer 2 for the first time
Tether's cross-chain USDT0 token will be implemented through Kraken's Ink Layer 2
The cross-chain USDT0 token will provide users with faster transaction speeds and lower transaction fees
Tether's cross-chain USDT0 token will expand the application scope of USDT