🗞️ XAUt0, @USDT_to's omnichain deployment of @tethergold is now live on Celo!
XAUt0 expands the robust @Tether_to ecosystem on Celo, joining native USDT (also accepted as gas currency) & @USDT0_to via The Legacy Mesh
🧵 Keep reading for more on the integration ↓
2/ @USDT0_to's XAUt0 deployment follows the recent milestone of 1.5 years since @Tether_to's native deployment on Celo, with strong ecosystem adoption driven by everyday applications positioning Celo as the #2 transport layer of USDT
3/ Celo's infrastructure has been optimized for RWAs since launch, home to onchain carbon credits, tokenized rainforests, private credit pools & more
Now, the ecosystem has access to tokenized gold, making one of the oldest stores of value accessible to users in 150+ countries
4/ Bringing the leading gold-backed digital asset to Celo unlocks strong potential applications, including:
→ Inflation-resistant savings
→ Gold-denominated lending
→ Hybrid vaults that pair USDT’s global liquidity w/ the long-term value of physical gold
5/ Together, Celo, @USDT0_to & @Tether_to are making programmable finance accessible for users throughout the world 🌐
To get started w/ XAUt0 today, visit ↓
5.07K
44
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.