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Tether Launches Cross-Chain Stablecoin USDT0 on X Layer and OKX Wallet

Tether Launches Cross-Chain Stablecoin USDT0 on X Layer and OKX Wallet

According to an official announcement, OKX and Tether have expanded USDT0 across X Layer, Wallet, and Exchange, aiming to remove stablecoin transfer friction and strengthen multichain liquidity for global finance.

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Fact Check
The statement is overwhelmingly confirmed by primary sources, including official announcements from Tether, OKX, and X Layer, as well as numerous reputable crypto news outlets. All provided evidence corroborates that USDT0, a unified liquidity protocol for the USDT stablecoin, has been launched on the X Layer network and is integrated with the OKX Wallet.
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Summary

OKX and Tether officially announced the integration of USDT0 into OKX’s Ethereum Layer-2 network, X Layer, with support for OKX Wallet and Exchange. Built on LayerZero’s Omnichain Fungible Token standard, USDT0 enables 1:1 backed verifiable transfers and eliminates the need for wrapped tokens or bridges. Users gain access to liquidity across ecosystems like Arbitrum, Optimism, Polygon, Unichain, and Berachain. Since launch, USDT0 has processed over $11.3 billion in bridge volume across 251,000 transfers and nine chain pathways, making it the most active OFT in LayerZero’s ecosystem. OKX founder Star Xu described X Layer as the “New Money Chain,” highlighting the partnership’s role in bridging centralized and decentralized finance, while USDT0 co-founder Lorenzo R. emphasized stablecoins’ role as the backbone of on-chain finance. The move positions OKX as a multichain infrastructure provider advancing stablecoin adoption.

Terms & Concepts
  • USDT0: A bridged variant of Tether’s USDT, built on LayerZero’s Omnichain Fungible Token standard, ensuring cross-chain liquidity with 1:1 USDT backing.
  • Omnichain Fungible Token (OFT): A LayerZero standard enabling fungible tokens to move seamlessly across multiple blockchains with verifiable transfers.
  • X Layer: OKX’s Ethereum Layer-2 network designed to reduce transaction costs, enhance scalability, and support decentralized applications using OKB tokens for gas fees.