USDT0 Support is Live on Backpack

USDT0 Goes Live on Backpack Exchange

Backpack Exchange now supports USDT0 trading. USDT0 is an omnichain stablecoin with $1.6 billion market cap that works across 11+ blockchain networks without wrapping or bridging.

USDT0 trading starts Monday at 14:00 UTC with USDT0/USDT, USDT0/USD pairs.

Token Details:
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• Name: USDT0
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• Ticker: USDT0
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• Blockchain: Polygon, Arbitrum, Optimism, Sei
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• Polygon Contract Address: 0xc2132D05D31c914a87C6611C10748AEb04B58e8F
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• Arbitrum Contract Address: 0xFd086bC7CD5C481DCC9C85ebE478A1C0b69FCbb9
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• Optimism Contract Address: 0x01bFF41798a0BcF287b996046Ca68b395DbC1071
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• Sei Contract Address: 0x9151434b16b9763660705744891fA906F660EcC5

What Is USDT0

USDT0 works differently than other stablecoins. Built on LayerZero's Omnichain Fungible Token (OFT) standard, it operates as the same token across multiple blockchains without needing wrapped versions.

Every USDT0 is backed 1:1 by USDT locked on Ethereum. Tether manages the reserves. LayerZero handles the cross-chain functionality.

Key features:

• Same token across 11+ networks, no wrapped derivatives
• Lock-and-mint mechanism for faster cross-chain transfers
• Audited by ChainSecurity, OpenZeppelin, Guardian, and Paladin

Trading Details
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You can now trade USDT0 on Backpack across these pairs:

• USDT0/USDT
• USDT0/USD

Fees: Standard Backpack rates (0.095% taker, 0.085% maker)
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Deposits/Withdrawals: Cross-chain functionality supported at launch

Mad Lads holders get VIP fee tiers with up to 50% reduction on USDT0 trading.
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Why Trade USDT0

Simpler cross-chain stablecoin management. Instead of holding USDT on multiple chains, you can use one token that works everywhere.

This lets you: 
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• Move between chains without bridge fees
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• Access arbitrage opportunities across networks
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• Trade yield differences between protocols
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• Manage multi-chain positions more easily
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Market Context
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Major DeFi protocols are adding USDT0 support. The token reached a $1.6 billion market cap in under 8 months, making it one of the fastest-growing stablecoins.

Start trading USDT0 Monday at backpack.exchange.

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