01 December 2025 | Monday | News
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Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced support for USDT0 deposits and withdrawals on Mantle Network, becoming one of the first global exchanges to enable seamless cross-chain USDT0 flows. This integration makes Mantle the largest exchange-related Layer 2 network by total value locked (TVL). By supporting the new cross-chain standard for USDT, Mantle and Bybit are jointly positioned at the forefront of unified stablecoin liquidity infrastructure.
USDT0 is the cross-chain deployment of USDT, the largest stablecoin, serving as a "unified liquidity layer" across multiple networks. Built on LayerZero's Omnichain Fungible Token (OFT) standard, USDT0 uses a mint-and-burn architecture that maintains a strict 1:1 backing and eliminates fragmented bridges.
With this launch, Bybit users will soon be able to:
This collaboration brings together USDT0 as a liquidity infrastructure, Mantle as a leading exchange-linked L2 network, and Bybit as a global liquidity venue to help build the next phase of cross-chain stablecoin infrastructure.
Fintech Business Asia, a business of FinTech Business Review
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