USDT0 has officially been connected to the Bitcoin Layer 2 network Rootstock​

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According to ChainCatcher, citing The Block, the cross-chain version of USDT, USDT0, has officially been integrated into the Bitcoin Layer 2 network Rootstock (RSK). This stablecoin adopts a full-chain deployment model, currently covering Ethereum, Arbitrum, Unichain, and OP Superchain ecosystems.

According to Everdawn Labs' statement, USDT0 is fully backed by 1:1 reserved USDT on the Ethereum chain, aiming to reduce cross-chain transaction costs. Rootstock's technical architecture is compatible with EVM and anchored to Bitcoin's Proof of Work (PoW) mechanism.

Ben Sanders, Rootstock's Chief Growth Officer, stated that this integration will provide users with more convenient stablecoin cross-chain services, expected to increase the usage rate of decentralized exchanges (DEX) and lending protocols in the Rootstock ecosystem.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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