23 Apr Bitfinex Launches Assist for USDT0 on Optimism
ROAD TOWN, Tortola, British Virgin Islands – twenty third April, 2025 – Bitfinex (https://www.bitfinex.com), a premier digital asset buying and selling platform, introduced that deposits and withdrawals of USDT0 on the Optimism community would now be straight accessible on Bitfinex.
USDT0, a crosschain stablecoin engineered by Everdawn and Layer Zero, is the omnichain-ready bridged model of Tether’s USDt. With this integration, Optimism turns into the newest blockchain to be supported by Bitfinex so its prospects can deposit and withdraw USDT0 on this community, and follows related integrations on Ink and Arbitrum.
Optimism is a layer‑2 scaling answer for Ethereum that leverages optimistic rollup expertise to reinforce transaction throughput and scale back charges. Current Superchain information reveals that the OP Superchain at the moment processes roughly 52% of all transactions on Ethereum’s layer-2 (L2), in comparison with 36.6% in September, whereas the Complete Worth Locked (TVL) on the community has surpassed $4.2 billion.
Developed by Everdawn and Layer Zero, USDT0 is managed by the USDT0 Consortium, an ecosystem initiative launched by a consortium utilizing LayerZero’s OFT normal, and which is designed to broaden USDt utility throughout blockchains. Bitfinex prospects can convert their USDt balances into USDT0 straight on the platform after which withdraw them to supported blockchains.
Designed for seamless interoperability on the Optimism community, Bitfinex’s help of USDT0 on the Optimism community is the newest addition to the stablecoin’s rollout. This integration marks Bitfinex’s response to present market calls for by enhancing stablecoin liquidity and transaction effectivity on a high-performance L2 platform.
“USDT0 stands as one of the crucial revolutionary stablecoins available on the market, and it aligns with our mission to deliver digital property nearer to on a regular basis use,” mentioned Anoush Bhasin, Head of Listings at Bitfinex. “Our help of USDT0 on Optimism opens a direct channel for our prospects to take pleasure in quick, cost-efficient transactions in a scalable ecosystem.”
To be taught extra, prospects can go to https://www.bitfinex.com/.
Please be aware that USDT0 is just not straight issued or redeemable by Tether.
*All customers of www.bitfinex.com are topic to Bitfinex’s phrases of service (“TOS”). Please be aware that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from straight or not directly holding, proudly owning or working an Account (as outlined within the TOS) on www.bitfinex.com.
About Bitfinex
Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art companies for merchants and world liquidity suppliers. Along with a set of superior buying and selling options and charting instruments, Bitfinex supplies entry to peer-to-peer financing, an OTC market and margin buying and selling for a wide array of digital tokens. Bitfinex’s technique focuses on offering unparalleled help, instruments, and innovation for knowledgeable merchants and liquidity suppliers all over the world. Go to www.bitfinex.com to be taught extra.
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