OKX has partnered with Tether to integrate USDT0, a unified liquidity network for Tether’s USDT, across its Ethereum layer-2 X Layer, the OKX Wallet, and the OKX exchange.
Summary
- OKX and Tether integrated USDT0 across X Layer, OKX Wallet, and the OKX exchange, unifying stablecoin liquidity for 80 million users.
- Users can deposit/withdraw USDT0 and access deeper cross-chain liquidity.
- LayerZero OFT powers 1:1 USDT-backed transfers without bridges.
OKX stated in a September 9 press release the rollout brings unified, composable stablecoin liquidity to its more than 80 million customers.
With the listing and integration, customers can now deposit and withdraw USDT0 through the wallet and exchange. They can also access deeper stablecoin liquidity across USDT0-enabled networks on OKX, including Arbitrum, Optimism, Unichain, Polygon, Berachain, and other supported chains.
USDT0 is powered by LayerZero’s Omnichain Fungible Token standard. Each transfer is verifiable and backed 1:1 by canonical USDT. The design aims to speed up settlement, simplify cross-rollup movement, and allow users to move liquidity between OKX’s centralized venue and decentralized markets without relying on bridges or wrapped tokens.
The ‘backbone’ of onchain finance
OKX stated that the move is consistent with its multichain strategy around X Layer. The layer-2 is embedded across OKX’s product suite, is compatible with Ethereum tooling, and targets low fees and high throughput to support both users and builders.
The companies added that USDT0 has processed over $11.3 billion in bridge volume involving more than 251,000 cross-chain transfers and nine chain pathways in under a year. It was described as the most active OFT in the LayerZero ecosystem.
“Stablecoins are becoming the backbone of onchain finance. With USDT0 live on OKX and X Layer, millions of users and builders can tap into unified, cross-chain liquidity at scale,” said Lorenzo R., co-founder of USDT0. OKX founder and CEO Star Xu said, “X Layer is The New Money Chain and a foundation for seamless, stable, and interoperable value exchange.”
USDT0 is developed with support from Everdawn Labs, which also powers XAUt0 and contributed to Alloy by Tether. OKX noted that certain products are not available in Europe.
