USDT0 goes live on Stellar, enabling access to $180B+ in USDT liquidity

Stellar just got plugged into the biggest stablecoin liquidity pool in crypto. USDT0, the omnichain version of Tether’s USDT, went live on the Stellar network in early September, giving users on the payments-focused blockchain direct access to more than $180 billion in unified USDT liquidity. The integration runs on LayerZero’s Omnichain Fungible Token (OFT) standard, which means Stellar users can move USDT across chains without dealing with wrapped tokens or fragmented liquidity pools. How the plumbing works USDT0 doesn’t operate like a traditional bridged token. Instead of locking assets on one chain and minting a synthetic version on another, it uses a burn-and-mint mechanic. When a user sends USDT0 from one chain to Stellar, the tokens are burned at the source and freshly minted at the destination. The security layer backing this process is a 3/3 Decentralized Verification Network, or DVN. Three independent verifiers, LayerZero, USDT0, and Canary, must all sign off on every cross-chain transfer before it executes. The whole operation is run by Everdawn Labs, which holds a license from Tether to operate USDT0. Every token in circulation is backed 1:1 by real USDT locked on the E...