OKX, a cryptocurrency platform, has partnered with Tether, the issuer of the world’s most widely used stablecoin, USDT, to bring USDT0 onto X Layer, OKX’s Ethereum Layer 2 network, as well as to the OKX Wallet and Exchange.
With the new integration, OKX users can now deposit and withdraw USDT0 directly through the OKX wallet and Exchange, unlocking access to unified, composable liquidity across the major decentralized finance (DeFi) ecosystems.
The integration allows faster settlements, transfers between rollups, and direct liquidity movement between OKX’s centralized exchange and decentralized markets. By bypassing the friction historically associated with stablecoin transfers, USDT0 seeks to create a more reliable and efficient infrastructure for on-chain finance.
OKX explains that USDT0 is powered by LayerZero’s Omnichain Fungible Token (OFT) standard, which ensures every transfer is verifiable and backed 1:1 by canonical USDT. This structure provides transparency while removing the complexity of wrapped tokens and bridging solutions.
“By partnering with Tether to bring USDT0 to X Layer and other chains across the OKX platform, we’re empowering our customers with stable omnichain liquidity across the networks they rely on most, while bridging centralized and decentralized finance faster, easier, and more intuitively than ever before,” adds Xu.
X Layer is OKX’s dedicated Ethereum Layer 2 network designed to connect users and developers to the broader Ethereum ecosystem. It is fully integrated across OKX’s product suite, ensuring a streamlined and secure user experience.
