Bybit, a major crypto exchange, has begun supporting deposits and withdrawals of USDT0, a cross-chain version of Tether’s USDT, on the Mantle Network.
The integration makes Bybit one of the first major exchanges to connect directly to this “omnichain” stablecoin, allowing users to move funds across blockchains more easily and securely.
A New Way to Move Stablecoins Across Blockchains
USDT0 is designed to work across multiple blockchains as a single, unified version of USDT.
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Unlike traditional versions that rely on separate wrapped tokens or bridges, USDT0 uses a mint-and-burn system that keeps each token fully backed while enabling direct transfers between networks. The approach reduces the complexity and risks often associated with cross-chain transfers.
With this rollout, Bybit users can deposit USDT0 from Mantle into the exchange or withdraw directly back to Mantle. To encourage early adoption, Bybit is temporarily waiving withdrawal fees for transfers to the network.
Mantle’s Role and Industry Implications
Mantle Network, an Ethereum-based Layer-2 with ties to exchange infrastructure, is among the first networks to support USDT0.
The partnership between Tether, Mantle, and Bybit highlights a growing trend in the crypto industry: linking stablecoin issuers, exchanges, and Layer-2 networks to create smoother, higher-liquidity environments for cross-chain transactions.
For users, this means faster and cheaper stablecoin transfers, direct access to Bybit’s liquidity, and easier use of applications built on Mantle network.
For the broader ecosystem, the integration could streamline capital flows, support DeFi and tokenized asset activity, and help establish a more unified standard for cross-chain stablecoins.
“USDT0 was designed to unify liquidity across chains, and Mantle’s high-performance infrastructure makes it an ideal network for this vision,” said Lorenzo R., Co-Founder at USDT0.
Why This Matters
The launch of USDT0 on Mantle and its upcoming support on Bybit represent an early step toward a more consistent, cross-chain stablecoin model.
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People Also Ask:
USDT0 is a cross-chain version of Tether’s USDT designed to work on multiple blockchains as a single, unified token. It allows users to move stablecoins between networks without relying on wrapped tokens or bridges.
USDT0 uses a mint-and-burn system. Tokens are minted on the receiving blockchain and burned on the sending blockchain, keeping each token fully backed 1:1 while enabling direct cross-chain transfers.
Mantle is an Ethereum-based Layer-2 network focused on fast, low-cost transactions and close integration with exchange infrastructure. It supports DeFi, tokenized assets, and other applications requiring stablecoin liquidity.
