Search results for LayerZero Labs
Crypto
USDT0 trading volume tops $100 billion 530 days after launch
USDT0, an omnichain Tether solution, surpassed $100 billion in trading volume on June 25 local time. Co-founder Lorenzo Romagnoli (로렌조 로마뇰리) said the project reached the milestone 530 days after its January 2025 launch, calling it the fastest-growing stablecoin to date. USDT0 is pegged 1:1 with USDT and is integrated natively on 23 chains, with additional support via a compatibility layer called Mesh.
Crypto
Omnichain stablecoin USDT0 expands to Tempo blockchain
Omnichain stablecoin USDT0 will expand to Tempo, a payments-focused layer 1 blockchain jointly developed by Stripe and Paradigm, The Block reported on March 26. USDT0 is an omnichain version of USDT. Issued using LayerZero’s omnichain fungible token standard, it is pegged 1:1 with USDT and can move between networks without a separate bridge via a lock-and-mint and burn mechanism.
Crypto
Tether makes strategic investment in LayerZero Labs
Tether has made a strategic investment in LayerZero Labs to bolster support for interchain technology, The Block reported on Feb. 10. The investment amount was not disclosed. The LayerZero interoperability protocol was used to develop Tether’s omni-chain stablecoin USDT0, allowing cross-chain transactions on chains where USDT is not issued. Tether said USDT0 has recorded more than $70 billion in cross-chain value transfers since its launch in early 2025.