USDT0 is an omnichain extension of Tether’s USD₮, created to streamline stablecoin transfers across multiple blockchains. Built on LayerZero’s Omnichain Fungible Token (OFT) standard, it replaces fragmented wrapped-token models with a lock-and-mint system: USD₮ is secured in escrow on Ethereum, while an equivalent amount of USDT0 is minted on the destination chain; when burned, the underlying USD₮ is released. This ensures every USDT0 remains 1:1 backed by USD₮, preserving stability and transparency. By eliminating the reliance on fragmented bridge liquidity, USDT0 improves capital efficiency, simplifies cross-chain transactions, and reduces counterparty risks for users moving stablecoins between ecosystems. The project is being advanced by Everdawn Labs in partnership with Tether.
The British Pound (GBP) is the official currency of the United Kingdom, issued by the Bank of England (BoE). As one of the world’s oldest and strongest currencies, GBP plays a significant role in global finance. In the crypto market, GBP is used for direct crypto purchases, and stablecoins like pound-backed GBPT offer digital alternatives.
The USDT0 to GBP conversion rate is the amount of GBP you can receive for each unit of USDT0.
Based on the current rate, you could buy 1.328 USDT0 for 1 GBP.
The price of USDT0 decreased by 0.54% in the last 7 days.
The circulating supply of USDT0 is 4,064,676,257.
USDT0's all-time high is 0.85 GBP.