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This proposal would add USDT.e.matic.axl to Alloyed USDT with a static limit of 20%.

This proposal corrects an error made in [Hidden link] which resulted in this asset not being added as intended.

Alloyed USDT

[Hidden link] was recognized as the canonical USDT on Osmosis in [Hidden link].

It currently has around [Hidden link], and consists of:

• USDT.axl (Axelar bridge from Ethereum)
• USDT.kava (IBC from Kava EVM)
• USDT.wh (Wormhole bridged from Ethereum)
• USDT.sol.pica (Picasso bridged from Solana)
• USDT.inj (Injective Bridge from Ethereum)
• USDT.rt (Router Bridge)
• USDT.e.op.axl (Axelar bridge from Optimism via Optimism Bridge from Ethereum)
• USDT.e.arb.axl (Axelar bridge from Arbitrum via Arbitrum bridge from Ethereu)

This proposal would add USDT.e.matic.axl, directly connecting to USDT liquidity on Polygon utilizing the Axelar bridge which has previously been used to connect to Ethereum as an [Hidden link].

Connecting directly to this liquidity represents around 0.6% of Circulating USDT

Source: [Hidden link]

For a full description of Alloyed Assets, see the [Hidden link]

Forum Post: [Hidden link]