USD₮0: Streamlining USDT transfers across blockchains for efficiency.
USD₮0 simplifies USDT transfers across blockchains using a lock-and-mint mechanism and the OFT standard for efficient cross-chain movement.
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View moreWhat is USD₮0 (USDT0)?
USD₮0 is a cross-chain solution built to make moving USDT (Tether) between different blockchains easier and more efficient. It consolidates liquidity, making asset transfers simpler, reducing operational complexity, and improving performance on various chains. USDT0 works by locking USDT in a smart contract on Ethereum and creating an equivalent amount of USDT0 on the destination chain (1:1 backing). This eliminates the need for separate infrastructure like multiple contracts and bridges for each chain, boosting efficiency and scalability. It utilizes LayerZero's Omnichain Fungible Token (OFT) standard for secure cross-chain transfers.
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USD₮0 price live information
As of now, USD₮0 is trading at 1.08516 USD, with a 24-hour trading volume of approximately 0 USD. The USDT0 to USD price is updated in real time. Over the past 24 hours, USD₮0 has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 1 592 574 242 USDT0 in circulation out of a maximum supply of 1 592 574 242 USDT0.
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