USDT0
Native USDT on Tempo via Kraken.
- Data completeness
- 50%
- Confidence
- 81%
- Sources
- 4
- Last reviewed
- 7 Jun 2025
What to know
USDT0 is an omnichain (LayerZero OFT) representation of Tether's USDT, backed 1:1 by USDT locked on Ethereum and deployed by Everdawn Labs across roughly 23 networks including Tempo. On Tempo, where it has been live since March 2026, it supplies dollar liquidity for payments, settlement, and cross-chain movement, with Kraken the first major exchange to support native deposits and withdrawals.
Best for
- +Moving USDT liquidity into and out of Tempo
- +Dollar-denominated payments and settlement flows on Tempo
- +Builders wanting one cross-chain USDT representation across many networks
Watch out
- Relies on LayerZero OFT lock-and-mint infrastructure rather than native issuance, adding cross-chain bridge risk
- Its value depends on the underlying USDT locked on Ethereum remaining fully backed
Key facts
- Token standard
- A LayerZero Omnichain Fungible Token (OFT) using a lock-and-mint model.· 92%
- Role on Tempo
- Provides shared omnichain USDT liquidity for fast, low-cost dollar payments, settlement, and cross-chain movement on Tempo.· 88%
- Global supply
- Approximately 4.1 billion tokens across all supported chains (global figure, not Tempo-specific; live market data).· 60%
- Multichain footprint
- Deployed natively across roughly 23 networks, with Tempo one of them.· 85%
History
2026-03
USDT0 goes live on Tempo
USDT0 integrated with Tempo, bringing omnichain USDT liquidity to the payments-focused Layer 1 (Chain ID 4217).
2026-06
Kraken enables USDT0 on Tempo
Kraken announced live USDT0 deposits and withdrawals on Tempo, positioning itself as the first major exchange to natively support the network.
FAQ
- What is USDT0?
- It is an omnichain LayerZero OFT representation of Tether's USDT, developed by Everdawn Labs and backed 1:1 by USDT locked on Ethereum.
- What backs USDT0?
- It is backed 1:1 by USDT locked on Ethereum, tracking the US dollar through the underlying Tether asset.
- Is USDT0 live on Tempo?
- Yes. It has been live on Tempo mainnet (Chain ID 4217) since March 2026, with Kraken the first major exchange to support native deposits and withdrawals.
- How widely is USDT0 deployed?
- It is deployed natively across roughly 23 networks, with Tempo one of them.