USDT0, the stablecoin with more ambition than a reality TV contestant, has just shattered the $50B transfer mark across 15 blockchains. Spoiler: 20% of that happened last month. Clearly, the networks were either desperate for attention or just really love Tether. 🤷♀️
- Launched in January 2025 via LayerZero’s Omnichain Fungible Token standard (because one chain was never enough), USDT0 now lets Tether flex its dollar-pegged muscles on chains that didn’t get the memo. 🎯
- Processed over 415,000 transactions-Ethereum, Arbitrum, Ink, Sei, Bitcoin layers (Corn? Rootstock? Sounds like a farmers’ market), Conflux, Plasma, HyperLiquid, Solana… basically every chain that’s ever thrown a party and forgot the punch. 🍻
- Everdawn Labs calls it “monetary mesh infrastructure.” Translation: “We’re solving problems that didn’t exist, but here’s a buzzword to sound profound.” 🤡
Everdawn Labs, the startup that clearly believes “omnichain” is a superpower, announced USDT0’s $50B milestone. For context, that’s about how much money people spend on avocado toast in a decade. 🥑
Omnichain’s USDT0: T-Bills and Theranos Vibes?
Using LayerZero’s tech like it’s a universal remote, USDT0 mints Tether-pegged tokens on any chain that dares to ask. “1:1 backing with Tether,” they claim. Because nothing says “trust us” like a blockchain version of a pyramid scheme. 🏗️
The token’s now dancing across Ethereum, Arbitrum, Ink, Sei, Bitcoin’s Corn & Rootstock (yes, those are real names), Conflux, Plasma, HyperLiquid, and Solana. If your chain isn’t on the list, it’s probably too busy crying in the corner. 😢
Everdawn insists USDT0 is for “payments, remittances, and institutional settlement.” Meanwhile, we’re just wondering who’s paying for the champagne fountains at their next all-hands meeting. 🥂
Oh, and USDT0 isn’t even the main act-it’s part of Everdawn’s “broader omnichain strategy,” which also includes an omnichain version of Tether Gold. Because why settle for one shiny thing when you can have all the shimmers? ✨
The project began as a Tether side hustle, first minted on Kraken’s INK Layer 2. If this sounds like a corporate love triangle, you’re not wrong. 💔
Everdawn’s not alone in the omnichain chaos-Paxos and LayerZero are also in the mix. But let’s be real: this isn’t a race. It’s a circus, and someone’s about to drop the ball. 🎪
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2025-11-28 09:45