Search results for USDT0
Crypto
Ocero raises $13.5 million led by Sky for stablecoin yield infrastructure
Stablecoin yield infrastructure project Ocero has raised $13.5 million. The funding round was co-led by the Sky ecosystem and Plasma, with participation from USDT0, Maple, Accountable, Four Pillars, RedStone, The Rollup, and angel investors from Kairos Research. Ocero, backed by Stablewatch and Sorter Labs, offers products aimed at letting platforms attach Sky Savings Rate yields to services and enabling access across multiple chains.
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 invests in Dreamcash parent as Hyperliquid expands RWA perpetual futures
Tether has invested in the parent company of Dreamcash, a Hyperliquid-based mobile interface, The Block reported on Feb. 13. The investment came shortly after Selini Capital, Dreamcash and Tether launched collateral-backed RWA perpetual futures using USDT0, an omnichain version of USDT. Dreamcash said on X that millions of USDT holders had no direct way to access Hyperliquid markets. Hyperliquid has used USDC as base collateral for perpetual futures and is preparing its own stablecoin, USDH.
