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USDT0 launches as Tether's omnichain stablecoin, enabling cross-chain transfers without wrapped tokens.

Protocol Fundamentals
25 Jul 2026
Crypto news
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Bullish
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USDT0, launched in January 2025 by Everdawn Labs under license from Tether, is the omnichain version of Tether's USDT stablecoin. It locks real USDT in an Ethereum vault and mints equivalent tokens on other blockchains using LayerZero's messaging, avoiding traditional wrapped tokens and bridge liquidity risks. USDT0 has moved over $50 billion in transfers, supports many chains, and even serves as the native gas token on Stable's payments chain, marking a significant step in stablecoin interoperability and security. The system's trust depends on Tether's reserves, the Ethereum lockbox, LayerZero's verifier network, and Everdawn's operations, making it a carefully engineered expansion of USDT beyond Ethereum and Tron.

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