USDT0 (USDT0) currently has a price of ₽81.023 and is down -0.16% over the last 24 hours. The cryptocurrency is ranked 41 with a market cap of ₽319.4B. Over the last 24 hours, it saw ₽21.4B of trading volume. The token has a circulating supply of 3.9B tokens out of a total supply of 3.9B tokens.
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.
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