Tether makes ‘strategic investment’ into LayerZero Labs, creator of tech used for USDT0
Summary
Tether, the largest stablecoin issuer, announced a strategic investment in LayerZero Labs, the creator of the interoperability protocol used for its omnichain stablecoin, USDT0. The investment level was not disclosed. USDT0, which is fully onchain and 1:1 backed by USDT, utilizes LayerZero's Omnichain Fungible Token standard to extend USDT onto chains where it is not natively issued. Since its launch in early 2025, USDT0 has facilitated over $70 billion in cross-chain transfers. Tether CEO Paolo Ardoino highlighted LayerZero's technology for enabling real-time asset transfers across any transport layer. Tether believes this protocol will help AI agents transact frictionlessly with digital assets at scale. This investment follows Tether's recent strategic funding in the t-0 network and a $150 million investment in Gold.com.
(Source:The Block)