USDT0
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Overview
USDT0 brings Tether's USDT liquidity to Stellar through LayerZero's Omnichain Fungible Token standard. USDT is locked in the adapter on Ethereum and an equivalent amount of USDT0 is minted on the destination network, keeping one unified supply instead of creating isolated wrapped liquidity. On Stellar, USDT0 is a native classic asset with a Stellar Asset Contract interface.
Highlights
- Backed 1:1 by USDT held through the USDT0 adapter on Ethereum
- Moves between Stellar and supported networks through LayerZero's OFT standard
What is a stablecoin?
A stablecoin is a token designed to track the value of a reference currency such as the US dollar or the euro. Issuers hold reserves (cash, short-term government debt, or other safe instruments) so that each token can be redeemed 1:1, giving holders price stability with the speed and global reach of blockchain settlement.