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Bybit will soon support USDT0 deposits and withdrawals on the Mantle network. This update lets you move USDT0 across supported ecosystems with a simpler and more secure experience.

USDT0 is a USDT-based stablecoin that uses LayerZero’s Omnichain Fungible Token standard. It improves how USDT moves across chains and replaces the previous USDT asset bridged through Mantle’s canonical bridge. That legacy asset is now labeled as USDT (Bridged).

USDT0 is expected to become the main USDT version within the Mantle ecosystem to support liquidity and DeFi growth. As a result, support for USDT (Bridged) will begin to wind down.

• Withdrawal support for USDT0 on Mantle

• Deposit support for USDT (Bridged) will end

• Withdrawal support for USDT (Bridged) will end

We will share more updates through our official channels

Key differences between USDT0 and USDT (Bridged)

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• Technology: LayerZero Omnichain Fungible Token (OFT) standard

• Cross-chain interoperability: Single-hop transfers across supported USDT0 chains

• Estimated bridging time: Starts at 1 hour at launch and will reduce to about 3 minutes

• Administrative features: Supports freezing, blacklisting and ownership transfer

• Contract address: 0x201eba5cc46d216ce6dc03f6a759e8e766e956ae

• Technology: Layer 2 canonical bridge based on the OP Stack

• Cross-chain interoperability: Limited to Ethereum and Mantle with multiple steps for other chains

   • Ethereum to Mantle: Approx. 3 minutes

   • Mantle to Ethereum: Approx. 12 hours

• Forward compatibility: Not upgradable

Mantle is a distribution layer and gateway for institutions and TradFi to access onchain liquidity and real-world assets. With more than $4B in community-owned assets, Mantle combines credibility, liquidity and scalability with institutional-grade infrastructure. The ecosystem is anchored by MNT and built through core projects such as mETH, fBTC and MI4, along with partnerships with issuers and protocols including Ethena USDe, Ondo USDY, OP Succinct and EigenLayer.

Learn more at mantle.xyz or follow Mantle on X and its community channels.

USDT0 is a unified liquidity network for USDT. It simplifies cross-chain movement by removing fragmented pools and complex bridges. As a unified gateway for USDT interoperability, USDT0 improves accessibility and enables new use cases for Tether holders, businesses and DeFi platforms.

Learn more at USDT0.to or follow @USDT0 on X.

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of more than 70 million users. Founded in 2018, Bybit focuses on building a simple and open ecosystem for users and partners exploring Web3. With secure custody, diverse marketplaces and an intuitive experience, Bybit connects TradFi and DeFi to support builders and traders.

Visit Bybit.com for more information or contact media@bybit.com for media inquiries.

Follow Bybit on Discord, Facebook, Instagram, LinkedIn, Reddit, Telegram, TikTok, X and YouTube.

Bybit to support USDT0 deposits and withdrawals on Mantle

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