Cryptocurrency exchange Bybit has announced the expansion of USDT0 support, enhancing liquidity for Tether's stablecoin and cross-chain functionality.
New Support for USDT0 on Bybit
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has added support for USDT0, the unified liquidity network for Tether's stablecoin. This integration allows for native deposits and withdrawals on the HyperEVM, Corn, and Berachain platforms. This move accelerates the industry's drive for stablecoin liquidity and strengthens the infrastructure for interoperable decentralized finance.
Benefits of USDT0 for Users
The support for USDT0 offers users several key advantages:
* Capital Efficiency: Unified USDT liquidity across chains without synthetic or wrapped assets. * Frictionless UX: Native transfers with provable 1:1 backing and no trust assumptions. * Ecosystem Growth: Immediate access to institutional-grade liquidity for new and emerging chains.
About Bybit and USDT0
Founded in 2018, Bybit serves over 70 million users and is a leader in blockchain innovation and Web3. USDT0, as the unified liquidity network for USDT, simplifies cross-chain transactions and expands opportunities for Tether holders and DeFi platforms.
The expansion of USDT0 support on Bybit continues to advance decentralized finance and simplifies users' access to stable liquidity across various ecosystems.
