Core Insights - OKX has partnered with Tether to integrate USDT0 onto its X Layer, enhancing liquidity access for users across decentralized finance ecosystems [1][5] - USDT0 is designed to facilitate seamless omnichain transfers, ensuring each transfer is verifiable and backed 1:1 by canonical USDT, thus improving transparency and reducing complexity [3][4] - The integration aims to create a more efficient infrastructure for on-chain finance by enabling faster settlements and direct liquidity movement between centralized and decentralized markets [4] Company Developments - X Layer is positioned as OKX's dedicated Ethereum Layer 2 network, aimed at connecting users and developers to the broader Ethereum ecosystem, providing a streamlined user experience [5] - Star Xu, CEO of OKX, emphasizes the importance of USDT0 in empowering customers with stable omnichain liquidity and bridging centralized and decentralized finance [5] Market Impact - USDT0 has achieved over $11.3 billion in bridge volume within less than a year, with more than 251,000 cross-chain transfers, making it the most active OFT in the LayerZero ecosystem [6] - The expansion of USDT0 is seen as a significant step in making stablecoins more usable and reducing friction in on-chain finance, according to Lorenzo R., co-founder of USDT0 [7]

OKX Exchange: speed & liquidity🤝OKX Wallet: freedom & self-custodyName a better duo we'll wait. https://t.co/IfwvEwouzf ...

Strategic Upgrade & Focus - X Layer is undergoing a strategic upgrade to power DeFi, payments, and RWAs on a leading public chain [1] - The upgrade aims to build a leading public chain focused on DeFi, payments, and RWAs [1] Technological & Ecosystem Development - Key updates include an underlying tech (PP) upgrade [1] - Focus on ecosystem development strategy [1] Integration & User Experience - Deep integration with OKX Wallet, OKX Exchange & OKX Pay is planned [1] - The network aims to enable a faster, low-cost onchain experience for users worldwide [1] Support - OKX will fully support the X Layer network [1]

We are making a strategic upgrade to @XLayerOfficial, aiming to build a leading public chain focused on DeFi, payments, and RWAs.Key updates:1️⃣ Underlying tech - PP upgrade2️⃣ Ecosystem development strategy3️⃣ Deep integration with OKX Wallet, OKX Exchange & OKX Pay4️⃣ OKTChain decommissioning5️⃣ Native gas token - $OKB economic model upgradeRead the full announcement ⬇️https://t.co/lFsD4vYIUc ...