Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced support for USDT0 deposits and withdrawals on the Mantle Network, becoming one of the first global exchanges to enable seamless cross-chain USDT0 flows. This integration establishes Mantle as the largest exchange-related Layer 2 network by total value locked (TVL) and positions Bybit, Mantle, and USDT0 at the forefront of unified stablecoin liquidity infrastructure.

USDT0, a cross-chain deployment of Tether’s USDT, serves as a “unified liquidity layer” across multiple networks. Built on LayerZero’s Omnichain Fungible Token (OFT) standard, USDT0 uses a mint-and-burn architecture that maintains a strict 1:1 backing, eliminating fragmented bridges and simplifying cross-chain transfers.

With this launch, Bybit users will be able to:

• Deposit USDT0 directly from Mantle Network into Bybit.
• Withdraw USDT0 from Bybit directly to Mantle Network.
• Benefit from zero-fee USDT0 withdrawals to Mantle for a limited period.

USDT0’s design aims to create one liquidity layer with a native cross-chain architecture and simplified user experience, eliminating multi-hop bridging for both retail and institutional users. Bybit’s support synchronizes centralized liquidity, on-chain applications, and cross-chain flows, offering users a more predictable and efficient stablecoin experience.

Mantle Network is a modular Ethereum Layer 2, optimized for exchange-linked infrastructure, tokenized assets, and real-world finance. The network now supports fast, low-cost USDT0 transfers, direct access to Bybit markets, and streamlined deployment of capital into Mantle-native applications.

Emily Bao, Key Advisor at Mantle, said, “Supporting USDT0 early, together with Tether and Bybit, strengthens Mantle’s role as a core venue for cross-chain stablecoin liquidity and the on-chain capital markets that depend on it.”

Lorenzo R., Co-Founder at USDT0, added, “By working with Bybit and Mantle, we can deliver a seamless, interoperable stablecoin standard that improves UX and accelerates multi-chain adoption for users and institutions alike.”

The integration reflects a broader industry trend toward cross-chain stablecoin standards, next-generation Layer 2 infrastructure, and closer collaboration between issuers, exchanges, and high-performance networks. With USDT0 now live on Mantle and soon available on Bybit, the ecosystem takes a significant step toward a borderless, frictionless stablecoin standard for the next era of on-chain finance.

About Mantle: Mantle is a leading Layer 2 network that connects institutions and TradFi to on-chain liquidity and real-world assets. Its ecosystem includes core projects like mETH, fBTC, MI4, and partnerships with protocols such as Ethena USDe, Ondo USDY, OP-Succinct, and EigenLayer.

About USDT0: USDT0 is a unified cross-chain USDT solution built on LayerZero’s OFT standard, simplifying stablecoin movement, enhancing liquidity, and unlocking new use cases across networks.

About Bybit: Bybit is a global cryptocurrency exchange with over 70 million users, focusing on Web3 innovation, secure custody, diverse marketplaces, and bridging TradFi with DeFi.

For more information, visit mantle.xyz, USDT0.to, and Bybit.com.