Mantle and Bybit Collaborate to Launch USDT0, Tether's Omnichain Version of USDT Stablecoin, on the Largest Exchange Network

Bybit and USDT0 Integration: Bybit has announced support for USDT0 deposits and withdrawals on the Mantle Network, making it one of the first exchanges to facilitate cross-chain USDT0 transactions, thereby enhancing liquidity infrastructure for stablecoins.

USDT0 Features: USDT0 serves as a unified liquidity layer across multiple networks, utilizing LayerZero's OFT standard for efficient mint-and-burn transfers, which simplifies user experience by eliminating the need for complex bridging.

Mantle Network's Role: Mantle Network is positioned as a leading Layer 2 solution optimized for stablecoin transactions and cross-chain flows, providing a gateway for institutional capital and enhancing access to decentralized finance (DeFi) applications.

Strategic Industry Shift: The collaboration among Tether, Mantle, and Bybit reflects a broader trend towards unified cross-chain stablecoin standards and advanced Layer 2 infrastructure, aimed at improving capital movement and accessibility in on-chain finance.