USDT0 Launches on ZenGo with Cross-Chain Access

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 - USDT0 transactions settle in seconds - Follows previous USDT0 integration with Plasma in December 2025 The integration provides users with faster settlement times for moving stablecoins between Kraken and HyperEVM, expanding access to Hyperliquid's ecosystem.

**$143M in Cross-Chain Movement** In just one week, significant capital migration occurred across blockchain networks: - $50M moved from Ethereum to purpose-built chains - $78M net inflow to Arbitrum - $15M net inflow to Plasma This represents a stark contrast to traditional finance, where moving money takes days. Blockchain infrastructure now enables instant capital movement across 249 different routes. **Context** This follows a previous week where $22.7M was bridged across networks. Users are actively moving capital for trading, payments, and risk distribution. Bridging protocols like Allbridge are removing barriers between isolated networks, demonstrating practical multichain functionality in action. Capital can now flow to meet demand wherever it emerges, without the friction of traditional financial rails.

**USDT0 network data exposes a clear split in stablecoin usage:** - **Retail dominates transaction frequency**: 52.8% of all USDT0 transfers fall under $1,000 - **Institutions control volume**: Just 1.8% of transactions above $1M represent 68.8% of total value moved - **Average transaction size**: $140K across 20+ supported chains **Key insight**: The network serves two distinct user bases on the same infrastructure - frequent small retail transfers and high-value institutional movements. This data reinforces USDT0's positioning as chain-agnostic infrastructure where 90% of users prioritize functionality over specific blockchain selection.

**Major Milestone on Mantle Network** USDT0 has emerged as the leading asset on Aave's Mantle deployment, commanding **$500 million in supplied liquidity**. This represents a significant portion of Mantle's total value locked. **Key Highlights:** - USDT0 holds the #1 position among all assets on Aave's Mantle integration - The $500M supply demonstrates strong institutional and retail confidence - Mantle's TVL recently crossed the $1 billion threshold, with Aave as the primary driver This development underscores the growing adoption of Mantle as a scaling solution and Aave's continued dominance in decentralized lending markets. The concentration of liquidity in USDT0 suggests users are prioritizing stablecoin yields on the network.

**USDT0** has launched as an omnichain stablecoin solution built on LayerZero's OFT standard, designed to eliminate liquidity fragmentation across DeFi networks. **Key Features:** - Unifies USDT liquidity across multiple blockchains including Solana, Avalanche, and MegaETH - Uses lock-and-mint architecture anchored to Ethereum reserves - Eliminates bridge exploits and double-counting risks - Single contract integration for protocols and wallets **Market Impact:** - Now live on Kraken via Plasma network - Targets institutional adoption alongside retail users - Enables deeper markets and tighter spreads for new chains - Powers capabilities on Hyperliquid's HyperEVM and HyperCore The infrastructure addresses a critical DeFi challenge where chains without deep stablecoin liquidity struggle with swaps, lending, and consistent asset pricing. [Read the full blog](https://paragraph.com/@tetherzero/how-omnichain-liquidity-is-reshaping-defi)