USDT0
A bridged version of Tether on another chain.
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About USDT0
Analysis of 5 Feb 2026USDT0 is an omnichain stablecoin developed by Everdawn Labs in partnership with Tether and LayerZero, launched on January 16, 2025. It uses LayerZero's Omnichain Fungible Token (OFT) standard with a lock-and-mint mechanism where USDT is locked on Ethereum while equivalent USDT0 is minted on destination chains, maintaining strict 1:1 parity.
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As of February 5, 2026, USDT0 has achieved $4.7 billion in circulating supply with a market cap ranking of 37th among all cryptocurrencies on CoinGecko, maintaining a stable $1.00 price. Following its one-year anniversary in January 2026, the protocol has processed over $63 billion in cumulative transfers since launch, with 24-hour trading volumes reaching $491.7 million demonstrating sustained liquidity and adoption growth.
The network operates across 18 connected blockchain ecosystems including Ethereum, Arbitrum, Optimism, Polygon, Solana, Unichain, Sei, Flare, HyperLiquid, Rootstock, X Layer, Plasma, Conflux, Ink, Berachain, Corn, Mantle, Stablechain, and Bitcoin-based Layer 2s. With over 415,000 completed transactions recorded, USDT0 maintains an average settlement time of 30-40 seconds with sub-second finality on supported chains, delivering up to 70% faster performance than leading bridge protocols.
The protocol has established itself as the most active omnichain token using LayerZero infrastructure, and has expanded beyond USD with multi-asset deployments including XAUT0 for tokenized gold and CNHT0 for offshore yuan settlement launched on Solana in January 2026. USDT0 enabled major ecosystem successes in 2025-2026, with Plasma launching as the largest chain by day-one stablecoin liquidity in history ($5.9 billion deposited into Aave within 48 hours of mainnet launch, becoming the second-largest Aave market globally), and Polygon upgrading from native USDT to Polygon-native USDT0.
The protocol continues expanding its omnichain reach as the industry transitions toward unified liquidity standards, with USDT0 positioning itself as the dominant cross-chain USDT infrastructure.