TON Integrates with LayerZero for Cross-Chain Transfers Across 100+ Blockchains, Tether Launches USDT0 on Arbitrum to Connect $138 Billion USDT

The Open Network (TON) has integrated with LayerZero, an interoperability protocol, to facilitate cross-chain asset transfers across more than 100 blockchains, including Ethereum, Solana, and Tron. This partnership aims to enhance liquidity and enable seamless transfers of major crypto assets.

Tether has selected Arbitrum as the infrastructure provider for its new stablecoin, USDT0, which will allow transactions and settlements across multiple blockchains such as Ethereum, Celo, TON, and Tron.

The integration also introduces the Legacy Mesh, a system designed to connect $138 billion in USDT across various chains, powered by LayerZero and Arbitrum. TON, supported by Telegram with 1 billion active users, can handle up to 100k transactions per second and is considered the 5th most popular app globally with 950 million users and a top 20 coin.

Additionally, Ethena's USDe stablecoin, valued at $5 billion, is set to go live on TON, further expanding the ecosystem's capabilities.

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