USDT0 surpassed $50 trillion transactions across 15 blockchains.

USDT0, a stablecoin pegged to Tether issued by Everdawn Labs, has surpassed $50 billion in total transaction value since its launch in January 2025. More than a fifth of that amount was transferred just in the past month.

Developed on the Omnichain Fungible Token standard of LayerZero, USDT0 is a fully on-chain version of USDT, allowing expansion across 15 blockchains including EVM networks such as Ethereum, Arbitrum, Ink, Sei L2, Bitcoin scaling layers like Corn and Rootstock, as well as payment networks Conflux, Plasma, and other networks like HyperLiquid and Solana.

According to the company's announcement, since its launch, USDT0 has facilitated over 415,000 transactions on these networks, becoming the fastest-growing multi-chain USDT liquidity network, supporting payments, remittances, and institutional trading.

Paolo Ardoino, CEO of Tether, stated: “USDT0 represents the evolution of the user experience that the digital asset and payment industry needs to expand and deeply integrate into the global economy. The USDT0 technology transforms stablecoin from a single-chain asset into a true multi-chain monetary infrastructure.”

Everdawn Labs also manages the omnichain version of Tether Gold, XAUT0. The USDT0 project started as “a startup within the Tether ecosystem” and was first issued on Ink L2 incubated by Kraken.

Recently, Paxos and LayerZero also launched USDG0, the omnichain version of Global Dollar, supported by companies such as Anchorage Digital, Bullish, Kraken, OKX, Robinhood, and Worldpay.