TLDR
- Tether’s omnichain tokens USDT0 and XAUT0 are now operational on Solana through Legacy Mesh interoperability network
- The integration connects Solana to over $175 billion in Tether liquidity across Ethereum, Tron, TON, and other blockchains
- USDT0 has 7.5 billion tokens circulating while XAUT0 has 7,355 tokens, both far below their standard counterparts
- Legacy Mesh has facilitated more than $25 billion in bridge volume across 320,000 transactions since deployment
- Solana gains access to dollar-backed stablecoins and tokenized gold without wrapped tokens or traditional bridge infrastructure
Tether has brought its omnichain token system to Solana. USDT0 and XAUT0 went live on the network through Legacy Mesh, a LayerZero-based interoperability framework managed by Everdawn Labs.
The launch connects Solana to Tether’s multi-chain liquidity network. USDT0 provides access to dollar-backed stablecoin liquidity across Ethereum, Tron, TON, Polygon, Arbitrum, and OP Superchain.
Lorenzo R., co-founder of USDT0, confirmed the system now taps into more than $175 billion worth of Tether liquidity. This cross-chain access happens without wrapped tokens or third-party bridges.
Current supply figures show 7.5 billion USDT0 tokens in circulation. XAUT0, the gold-backed version, has around 7,355 tokens circulating. Standard USDT has over 180 billion tokens while original XAUT holds approximately 375,572 tokens.
Legacy Mesh Infrastructure
Legacy Mesh operates as a stablecoin-focused interoperability framework. The system links native USDT liquidity pools across multiple blockchains. Each transfer maintains full backing by real assets.
The platform charges 0.03 percent per transaction in USDT fees. Since launch, USDT0 has processed transactions through nine separate blockchain pathways. Total bridge volume exceeds $25 billion across more than 320,000 transfers.
Tamar Menteshashvili, Head of Stablecoins at the Solana Foundation, stated the integration supports decentralized finance, institutional payments, and fund movement. Use cases include treasury management, remittances, and collateralized lending.
XAUT0 brings programmable gold features to Solana. Developers can now incorporate tokenized gold into lending protocols, hedging strategies, and treasury collateral systems.
Solana’s Stablecoin Position
Solana ranks as the second-largest smart contract platform with a market cap around $112.6 billion. The network trails only Ethereum in size and has drawn interest from traditional finance institutions.
Matt Hougan from Bitwise Asset Management said Solana is positioned to attract Wall Street. Banks may prefer the network for stablecoin transactions due to its speed and efficiency.
Real-world asset tokenization on Solana has been growing. Protocols like Splyce and Chintai recently launched products allowing retail investors to access tokenized securities on the network.
Market Context
Solana currently hosts approximately $694 million in tokenized real-world assets. This represents a small portion of the total RWA market. Ethereum leads with nearly $12 billion in tokenized asset value.
The gap highlights competition among blockchains for institutional finance and real-world asset flows. Solana’s addition of USDT0 and XAUT0 provides developers with new tools for building financial applications.
These tokens are not issued directly by Tether. They function as part of a third-party omnichain liquidity network designed to unify existing native USDT liquidity across blockchains.
Developers now have native access to both stablecoin and tokenized gold liquidity. Applications can be built without relying on bridge infrastructure that carries counterparty risk.
