BEAMSTART Logo

Tether Expands With Kraken’s Ink For USDT0 Stablecoin Launch, Here’s All

CoinGape LogoCoinGape10h ago

Tether Expands With Kraken’s Ink For USDT0 Stablecoin Launch, Here’s All - CoinGape

Quick Summary:

Leveraging LayerZero’s Omnichain Fungible Token (OFT) standard, USDT0 offers seamless cross-chain asset transfers while maintaining a 1:1 backing with USDT on Ethereum.

Tether has officially launched its latest stablecoin innovation, USDT0, on Kraken’s Ethereum-based Layer 2 blockchain, Ink.

This initiative will enhance the interoperability of USDT stablecoin across multiple blockchain ecosystems.


More Pictures

Tether Expands With Kraken’s Ink For USDT0 Stablecoin Launch, Here’s All - CoinGape (Picture 1)

or

Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 19:07:39 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25200433

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 35 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Tether Expands With Kraken’s Ink For USDT0 Stablecoin Launch, Here’s All" has 381 words across 32 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Tether Expands With Kraken’s Ink For USDT0 Stablecoin Launch, Here’s All" was covered 10 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 35 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #25200433
  • URL: https://beamstart.com/news/tether-expands-with-krakens-ink-17370549013691

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.