USD₮0 (USDT0) is an omnichain deployment of Tether’s USD₮ that moves the asset across blockchains using LayerZero’s OFT standard. USD₮ on the source chain (typically Ethereum) is locked in an escrow contract and the same amount of USDT0 is minted on the destination; the reverse burns USDT0 and releases USD₮. Circulating USDT0 equals USD₮ locked on-chain, which can be verified on public explorers. USDT0 is used to bridge USD-denominated value for payments, transfers and DeFi across supported networks while maintaining one unified supply. Native OFT routes add no protocol fee beyond gas and messaging; certain Legacy Mesh paths incur 3 bps. Security relies on LayerZero v2 with Decentralized Verifier Networks and executors; contracts and multisigs are published per chain. Fiat redemption occurs via USD₮ and Tether’s programme, not directly from USDT0. Everdawn Labs develops and operates USDT0; Tether issues and redeems USD₮.
USD₮0 (ticker: USDT0) is an omnichain deployment of Tether’s USD₮ that allows the asset to move natively across multiple blockchains via LayerZero’s Omnichain Fungible Token (OFT) standard. In this model, USD₮ on a source chain (typically Ethereum) is locked, and an equivalent amount of USDT0 is minted on the destination chain; the reverse “burn-and-release” returns the locked USD₮. The goal is to unify USD₮ liquidity across networks without creating a separate or synthetic stablecoin.
Project documentation describes USDT0 as backed 1:1 by USD₮ that is held on-chain, with USDT0 serving as the omnichain representation used for inter-chain movement and usage. Some network partners also characterise USDT0 as convertible 1:1 with USD₮ across supported chains. Operational details on mint/burn, message validation and the specific contracts are covered in “How does USDT0 work (lock-and-mint / burn-and-release)?” and “Which networks are supported and what are the official contract addresses?”
