USDT0
About
Effortless cross-chain USDT transfers with unparalleled liquidity and security.
USDT0: Unifying USDT liquidity across chains, it ensures fast, secure, and cost-efficient cross-chain transfers while maintaining a strict 1:1 backing with USDT. It expands the USDT standard to new ecosystems, improving interoperability and reducing friction.
Use Cases
Cross-Chain Asset Transfer for Users
Seamlessly transfer USDT across multiple blockchains with low fees and 1:1backing for fast and secure payments.
Multichain Deposit and Withdrawal for Exchanges
Enable exchanges to support deposits and withdrawals across multiple chainswithout complex management.
Standardized Compliance for Blockchains
Chains can implement standardized contract ownership and compliance tools forsecure and scalable USDT management.
Enhanced DeFi Access for Users
Users benefit from broader DeFi opportunities by accessing USDT on multiplechains via unified liquidity.
Key Features
USDT0 Overview
- USDT0 expands the USDT standard to new ecosystems.
- USDT0 ensures fast, secure, and cost-efficient cross-chain transfers while maintaining a strict 1:1 backing with USDT.
- USDT0 is powered by the Layer Zero OFT standard and is directly connected toTether redemptions on Ethereum.
- USDT0 will debut on Ink, with additional rollouts planned for select networks,enhancing accessibility and usability for one of the most in-demand stablecoinsin crypto.
- USDT0 is available on both DeFi protocols and payment infrastructures alike!
Core Concepts of USDT0
- Universal Composability: Integrating USDT0 is as easy as integrating any otherERC-20 token.
- Institutional Grade Security: All USDT0 is backed 1:1 with USDT on Ethereum.All transfers between chains are secured by LayerZero's interoperabilityprotocol and attested to by USDT0 itself.
- Future-Proof Expansion: USDT0 expands as the ecosystem grows, ensuring ongoinginteroperability. It is ready to bring USDT to every premium blockchain.
- Assets: USDT gets locked in a smart contract on Ethereum Mainnet.
- Issuance on Destination Chains: Equivalent USDT0 tokens are minted on thedestination chain, reflecting the locked amount.
