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Tether Enables Zero-Fee USDT Transfers, Launches USDT0 on Eco Routes and Hyperliquid With $140B Liquidity

Tether has partnered with Plasma Foundation to introduce zero-fee transfers for its stablecoin USDT, aiming to transform the stablecoin landscape
By: DeepNewz
Tether Enables Zero-Fee USDT Transfers, Launches USDT0 on Eco Routes and Hyperliquid With $140B Liquidity

Tether has partnered with Plasma Foundation to introduce zero-fee transfers for its stablecoin USDT, aiming to transform the stablecoin landscape. Concurrently, USDT0, a variant of Tether's stablecoin, has been launched on multiple platforms to enhance liquidity and cross-chain functionality. It is now live on Eco Routes, enabling applications within the Ink ecosystem to access deep stablecoin liquidity across Ethereum and five major Layer 2 networks with a single low fee. Additionally, USDT0 has been integrated into Hyperliquid's DeFi environment, operating on HyperEVM and Hypercore networks. This integration, powered by LayerZero and secured by Guardian Audits, unlocks over $140 billion in liquidity for decentralized finance. The launch includes features such as the HyperBridge for USDe, funding reversion to baseline to boost USDe rewards, and a USDT0/USDe Curve pool on HyperEVM, facilitating seamless, gasless, and fast cross-chain stablecoin movement.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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