usdt0

Tether Asset Interoperability Protocol USDT0 announced that its cross-chain transfer volume has surpassed 10 billion USD. This milestone means that USDT0 has become the fastest project in history to reach a cross-chain stablecoin transfer scale of 10 billion USD in just 525 days.Data shows that approximately 6.5 million active wallets have adopted USDT0 as their settlement infrastructure, covering a variety of participants including exchanges, hedge funds, and ordinary users, with the network's cumulative token turnover rate reaching about 27 times.USDT0 stated that with the growth of AI Agent trading and institutional cross-chain settlement demand, the need for an "all-weather, low-friction, unified settlement system" is rapidly increasing.

After the Kelp security incident, Tether's asset interoperability protocol USDT0 announced details of its protocol security architecture, stating that the current system uses a proprietary DVN (Decentralized Verification Network) and has message veto power, while requiring 3 independent validators to reach a 3/3 consensus based on different codebases before cross-chain messages can be settled.The current validating nodes include USDT0's proprietary DVN, LayerZero, and Canary, with plans to expand to 4/4 and 5/5 verification mechanisms in the future. USDT0 also stated that all multi-signature transactions must undergo multiple reviews by internal teams, external security teams, and auditing institutions before submission for signing. Relevant contracts have been audited by organizations such as Guardian and OpenZeppelin and have launched a $6 million bug bounty program on Immunefi.

The USDT0 cross-chain bridging infrastructure has resumed normal operations today, with system integrity and risk exposure unaffected. All in-transit transactions submitted before the suspension have been safely settled.Previously, USDT0 suspended OFT bridging services as a precautionary measure pending the investigation of the KelpDAO rsETH incident, emphasizing that USDT0 has no risk exposure related to this incident, and all USDT0 tokens remain fully backed 1:1 by USDT.

According to Theblock, the all-chain stablecoin protocol USDT0 has been launched on the payment-oriented public chain Tempo, co-developed by Stripe and Paradigm.It is reported that USDT0 is issued based on the LayerZero Omnichain Fungible Token standard, pegged 1:1 to USDT, and circulates across multiple chains without bridges through a locking + minting/burning mechanism. It has currently been deployed to at least 23 networks, including the Ethereum mainnet, mainstream Layer 2s, Monad, HyperLiquid, as well as Bitcoin scaling networks Corn, Rootstock, and USDT dedicated networks Stable, Plasma, etc.

Stable will undergo a v1.2.0 mainnet protocol upgrade on February 4th at 16:00. This upgrade will replace gUSDT with USDT0 as the native Gas token, introduce zero Gas transaction support, implement on-chain signal notifications for staking withdrawal delegation, and enhance the Solidity compatibility of STABLE tokens.

According to official news, Bybit has officially supported the deposit and withdrawal of USDT0 on the Mantle chain. USDT0 adopts the LayerZero OFT standard and will become the mainstream USDT version in the Mantle ecosystem in the future.To align with the ecological upgrade and enhance users' cross-chain stablecoin experience, Bybit will stop the deposit and withdrawal services for Mantle chain USDT (Bridged) starting from February 3, 2026.

According to official news, Bybit now supports USDC and USDT0 assets on the Monad chain, and has simultaneously opened the deposit function. This further expands the deposit channels and provides users with a more diverse, convenient, and efficient asset deposit experience.

According to official news, USDT0 and CNHT0 stablecoin trading has been launched on Conflux Network.

ChainCatcher news, according to Dune data, the Layer 1 project Plasma mainnet optimized for stablecoins processed 75 million transactions within 30 days of its launch, averaging about 2 million transactions per day, with a cumulative user base exceeding 2.2 million, and recently adding about 20,000 active wallets daily.The initial liquidity of the Plasma mainnet was 2 billion USDT0, and after two days of launch, an additional 4.8 billion dollars flowed in, bringing the net inflow to 7.8 billion dollars. The supply of stablecoins has surpassed 7 billion dollars, making it the 5th largest chain globally, accounting for about 2% of the total stablecoin market. Major stablecoins include USDT0 (4.9 billion dollars), sUSDe (1.25 billion dollars), and others.

ChainCatcher message, according to Arkham monitoring data, approximately 51 minutes ago, a suspected address marked by Sun Yuchen withdrew 550.103 million USDT from the USDT 0 address.

ChainCatcher message, according to the official disclosure from Hyperdrive, the security issue encountered by the protocol currently affects only two markets: the Primary USDT0 market and the Treasury USDT market.To prevent malicious activities, the protocol has temporarily suspended all markets (including the interest mechanism) and all withdrawal functions. The Hyperdrive team stated that they are working with top security and forensic experts to investigate and are developing a patch to address the issue. The team has committed to releasing a complete post-incident analysis report after the investigation concludes and will provide the next substantial update within 24 hours through official Twitter and Discord channels.Currently, the team is exploring all possible avenues to mitigate the impact on affected users, prioritizing the assessment of the overall impact of the incident and formulating a comprehensive remediation plan. Users are advised not to interact with the protocol or send funds to its smart contracts temporarily.

ChainCatcher news, according to analyst Emmett Gallic, Plasma has transferred over 1 billion USDT to USDT0 in preparation for the mainnet launch. This will provide immediate massive USDT liquidity on Plasma.USDT0 is a cross-chain dollar stablecoin launched by Tether, designed to extend USDT to new blockchains, providing a seamless experience for users and developers while maintaining a 1:1 peg with USDT on Ethereum. USDT0 is built using the OFT standard of LayerZero for deploying and transferring assets on new chains.

ChainCatcher news, according to Cointelegraph, USDT0 operator Everdawn Labs announced that the cross-chain liquidity stablecoins USDT0 (USDT0) and XAUt0 (XAUt0), supported by LayerZero's Omnichain Fungible Token (OFT), will be launched on the Polygon blockchain.With the integration with Polygon, USDT0 is now supported on 12 networks, while XAUt0 is launching on its second network after TON. It is reported that USDT0 (USDT0) and XAUt0 (XAUt0) are full-chain versions of USDT and XAU, respectively.

ChainCatcher news, according to The Block, the cross-chain version of USDT, USDT0, has officially integrated with the Bitcoin Layer 2 network Rootstock (RSK). This stablecoin adopts a full-chain deployment model and currently covers the Ethereum, Arbitrum, Unichain, and OP Superchain ecosystems.According to the developer Everdawn Labs, USDT0 is fully backed by a 1:1 reserve of USDT on the Ethereum chain, aiming to reduce cross-chain transaction costs. The Rootstock technical architecture is compatible with EVM while anchoring the Bitcoin proof-of-work (PoW) mechanism.Rootstock's Chief Growth Officer Ben Sanders stated that this integration will provide users with more convenient cross-chain services for stablecoins, and is expected to enhance the usage of decentralized exchanges (DEX) and lending protocols within the Rootstock ecosystem.

ChainCatcher news, according to the official tweet, the stablecoin USDT0 has been launched on HyperliquidX Spot and HyperEVM.

ChainCatcher message, Tether's cross-chain stablecoin USDT0 announced on platform X that this stablecoin has been launched on the Layer 1 blockchain Sei Network.USDT0 has been natively deployed on Sei to support DeFi users and developers in obtaining stable and capital-efficient liquidity.