ChainCatcher news, according to Cointelegraph, Tether has chosen Arbitrum as the infrastructure provider for the company's new cross-chain dollar stablecoin USDT0.Steven Goldfeder, CEO of Arbitrum developer Offchain Labs, stated that the Legacy Mesh technology provides users and developers with a deep and liquid market that can be achieved regardless of which blockchain is used.

ChainCatcher news, Tether has launched the cross-chain dollar stablecoin USDT0, aimed at extending USDT to new blockchains, providing a seamless experience for users and developers, while always maintaining a 1:1 peg with USDT on Ethereum. USDT0 is built using LayerZero's OFT standard for deploying and transferring assets on new chains.USDT0 was launched today on Kraken's L2 platform Ink and will be launched soon on Berachain and MegaETH.