What is axlUSDT?

Could you please elaborate on what exactly axlUSDT is? I'm curious to know its purpose, its origin, and how it functions within the cryptocurrency and finance industry. Is it a token, a coin, or something else entirely? Could you also explain its relationship with USDT, if any, and what kind of use cases it might have? Finally, is it widely adopted or still in its early stages? Thank you for clarifying these points for me.