PANews reported on March 26th that USDT0 has been launched on Tempo, a payment-oriented public blockchain jointly developed by Stripe and Paradigm. USDT0 is issued based on LayerZero's Omnichain Fungible Token standard, pegged 1:1 to USDT. It circulates seamlessly across multiple blockchains via a locking and minting/burning mechanism. Currently, it has been deployed on at least 23 networks, including the Ethereum mainnet, mainstream Layer 2 networks, Monad, HyperLiquid, as well as Bitcoin scaling networks Corn and Rootstock, and dedicated USDT networks Stable and Plasma. Tempo is designed for stablecoin payment scenarios, emphasizing high throughput and low fees, and incorporates a stablecoin AMM at the protocol layer for stablecoin exchange.
