USDT0 Launches on Payment-Oriented Public Chain Tempo, Expanding Omnichain Dollar Liquidity Network

Odaily News: The omnichain stablecoin USDT0 has announced its launch on the payment-oriented Layer 1 blockchain Tempo. Tempo, jointly developed by Stripe and Paradigm, focuses on predictable settlement, stable fees, and institutional-grade scalable infrastructure. This deployment marks USDT0's 23rd chain integration. It already covers the Ethereum mainnet and mainstream Layer 2 networks, and has expanded to emerging chains like Monad and HyperLiquid, as well as Bitcoin scaling networks like Corn and Rootstock, and USDT ecosystem chains like Stable and Plasma.

USDT0 is issued based on LayerZero's Omnichain Fungible Token (OFT) standard, maintaining a 1:1 peg with USDT to ensure consistency across multiple chains and efficient liquidity migration. Tether previously made a strategic investment in LayerZero Labs. Since its launch last year, USDT0's cumulative trading volume has exceeded $70 billion within 12 months. (The Block)