Everdawn Labs Expands Tether Offerings to Solana With Lay...

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Published: October 16th. 2025, Updated: January 22nd. 2026

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Project Spotlights

Everdawn Labs Introduces USDT0 and XAUT0 Tokens on Solana via LayerZero

Everdawn Labs has launched new cross-chain versions of Tether's USDT stablecoin and Tether Gold (XAUT) on the Solana blockchain. The tokens, USDT0 and XAUT0, leverage LayerZero's interoperability protocol to enable direct movement of assets across multiple blockchains without using wrapped tokens or standard bridges.

Expansion and Interoperability

While Tether's USDT has long circulated on Solana, the USDT0 token aims to improve accessibility and liquidity. Lorenzo R., co-founder of USDT0, indicated that USDT0 links Solana to over $175 billion in USDT liquidity spread across Ethereum, Tron, TON, and other major chains. This connection allows for faster settlements and lower fees, eliminating reliance on external bridges or synthetic assets.

XAUT0 represents Tether Gold on Solana for the first time. Both tokens are managed by Everdawn Labs through the "Legacy Mesh" platform, a stablecoin-focused interoperability layer based on LayerZero.

Legacy Mesh ensures each transaction is fully backed by real assets.
Liquidity pools are auditable, and transfers carry a 0.03% fee paid in USDT.
No synthetic or wrapped tokens are involved in the process.

Current Network and Supply

According to CoinGecko, USDT0ï¿½s circulating supply stands at around 7.5 billion tokens, compared to over 180 billion for USDT. The supply for XAUT0 is about 7,355 tokens, while XAUT totals 375,572. USDT0 currently operates on several blockchains, including Ethereum, Polygon, Arbitrum, and more. XAUT0 is available on TON, HyperEVM, Avalanche, and several others.

Future Plans

Everdawn Labs plans additional network launches for both USDT0 and XAUT0. According to Lorenzo, expansion decisions are based on user engagement, unique blockchain features, and long-term benefits to the Tether ecosystem.

The launch of USDT0 and XAUT0 on Solana is expected to provide greater liquidity, improve cross-chain functionalities, and support the development of a broad range of applications, from global remittances to programmable finance.