USDT0 Dominates Aave on Mantle with $500M Supply

**BOB Gateway** has launched a new feature allowing Bitcoin holders to convert BTC directly to gold-backed tokens (XAUt0) in a single transaction. **Key features:** - Self-custodied solution with no centralized intermediaries - Powered by the USDT0 Network - Direct BTC to XAUt0 conversion path This development builds on XAUt0's February integration with Hyperbeat, where the gold-backed token enabled instant credit lines on the Liquid Bank platform. The service connects Bitcoin, often called the original digital asset, with gold, traditionally viewed as the world's oldest store of value.

**USDT0's cross-chain infrastructure shows strong adoption metrics in Q1 2026:** - User base expanded from 4M to 6.3M users (58% growth) - 70% of daily bridge activity comes from returning users - Platform supports 20+ blockchain networks - Average transaction size: $140K **User behavior patterns reveal two distinct segments:** - Retail users (52.8% of transfers under $1K) drive transaction frequency - Institutional users (top 1.8% moving over $1M) account for 68.8% of total volume **The value proposition centers on chain-agnostic usability.** According to the team, 90% of USDT users prioritize functionality over specific blockchain selection. USDT0's multi-chain approach addresses this by enabling seamless transfers across networks without requiring users to manage different versions of the stablecoin. The infrastructure serves both retail and institutional needs on a single platform, with the same stablecoin unlocking different use cases depending on network deployment.

**USDT0 is discontinuing support for the Corn network**, giving users a two-month transition period. **Key Timeline:** - **Now through July 18, 2026:** Transfer USDT0 off Corn via Plasma at **no cost** - **After July 18:** A **10% reclaim fee** will apply, plus extended processing times - **Post-transfer:** Users can move assets to any of 20+ supported networks **What to do:** Move your USDT0 holdings before the July 18 deadline to avoid fees. The free migration window through Plasma offers a straightforward exit path. This marks the end of USDT0's integration with Corn, which previously offered zero-fee withdrawals on platforms like Bybit.

**USDT0 transaction volume exploded from under $500K to over $200M in 24 hours**, marking a significant milestone in the evolution of internet-native money. The surge demonstrates how **tokenized assets are moving beyond simple digitization toward true market accessibility**. Money is now flowing across networks with the same ease as information travels online. - Daily volume increased by more than 400x - Shift reflects broader trend of assets becoming globally accessible - Movement aligns with tokenized asset market growth to $23.6B This development underscores that tokenization serves as infrastructure, not destination—the goal is universal asset mobility across all markets.

Kraken, which processes 40% of global stablecoin-to-fiat volume among major centralized exchanges, now supports USDT0 deposits and withdrawals for HyperEVM. **Key Details:** - Direct integration connects Kraken's liquidity to Hyperliquid's network - Transactions settle in seconds - Follows previous USDT0 integration with Plasma in December 2025 This integration provides users with faster settlement times for moving stablecoins between Kraken and HyperEVM, expanding access to Hyperliquid's ecosystem through one of the largest fiat on-ramps in crypto.