Tether Reveals Strategic Investment in LayerZero Labs Behind USDT0 Omnichain Stablecoin
On Tuesday, Tether said it made a strategic investment in LayerZero Labs to back interoperability infrastructure used in creating USDT0, the omnichain version of its USDT stablecoin. USDT0, launched in early 2025 via LayerZero's Omnichain Fungible Token standard, maintains a 1:1 backing with USDT and has facilitated over $70 billion in cross-chain transfers.