Tether and LayerZero team-backed all-chain stablecoin project USDT0 posted on the X platform on April 20. The USDT0 transfer feature has resumed normal operation; the system integrity has not been affected, the risk exposure has not changed, and all trades in progress prior to the suspension have been settled. Previously, for precautionary purposes, USDT0 paused the USDT0 OFT cross-chain bridge infrastructure during the rsETH incident investigation.
Full Text of Tether’s Official Statement
According to a statement USDT0 published on the X platform on April 20, 2026, Tether said: “USDT0 transfers are restored. Our infrastructure continues to operate as expected, and neither system integrity nor risk exposure has been affected. All pending trades submitted prior to the pause have now been safely settled.”
USDT0 Ecosystem Update: EURAU Liquidity Pool Goes Live
According to the same post by USDT0 on the X platform, the EURAU/USDT liquidity pool based on USDT0 has officially launched. The post cites information related to AllUnityStable, noting that the euro stablecoin market is expected to grow from the current €650 million to €1.1 trillion by 2030, indicating that the importance of cross-chain euro transfer infrastructure continues to rise.
Token Terminal Data: Polygon and Plasma Growth Trends
According to data released by Token Terminal on April 8, 2026, Polygon’s USDT0 deployment volume is approximately $850 million, and the circulating supply has increased by about 25% over the past month; Plasma’s USDT0 market capitalization is higher, and user growth also shows strong momentum. The main trading platforms holding USDT0 on Arbitrum One are seeing conditions where user activity stagnates or declines.
Frequently Asked Questions
When will the USDT0 transfer feature be restored, and what is the reason?
According to USDT0’s statement on the X platform on April 20, 2026, the transfer feature was restored on the same day. Previously, due to the rsETH-related incident investigation, the OFT cross-chain bridge infrastructure was temporarily suspended for precautionary purposes.
What is the status of USDT0 transactions submitted before the suspension?
According to Tether’s official statement, all pending transactions submitted before the suspension have now been safely settled, and neither system integrity nor risk exposure has been affected.
What is the scale of Polygon’s USDT0 deployment?
According to Token Terminal data from April 8, 2026, Polygon’s USDT0 deployment volume is approximately $850 million, and the circulating supply has increased by about 25% over the past month.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BIS calls for globally coordinated stablecoin regulation: warns that Tether and Circle account for 85% of those showing “security-like characteristics”
The Bank for International Settlements (BIS) once again emphasized the importance of global stablecoin regulatory coordination, pointing out three major risks that stablecoins face at this stage, including regulatory challenges related to cross-border flows and issues with market concentration. BIS proposed a unified ledger framework and argued that central banks need to lead the development of digital currencies, which would pose challenges to existing stablecoin issuers such as Tether and Circle. Overall, in the future, stablecoins may face a more stringent regulatory framework.
ChainNewsAbmedia1h ago
Fellowship PAC Secures $10M from Cantor Fitzgerald, Tether Executive Appointed Chairman
Crypto Political Action Committee Fellowship PAC releases its first FEC donation disclosure, showing that Cantor Fitzgerald donated $10 million and has a business connection with Tether. Fellowship PAC supports six Republican candidates and paid $4.5 million to NXUM Group for advertising promotion.
MarketWhisper8h ago
Tether Mints 1 Billion USDT, USDT Market Cap Surges Over $2 Billion in a Week
Tether minted one billion USDT, boosting its market cap by over two billion dollars in a week, reflecting rising demand for stablecoins.
GateNews04-18 14:21
Rhea Finance Suffers a $18.4 Million Loss After an Oracle Attack: ZachXBT Warns, Tether Freezes 4.34 Million USDT, and the Attacker Returns Some Funds
Rhea Finance suffered an oracle manipulation attack on the NEAR Protocol, with losses reaching $18.4 million—double the initial estimate. The attacker manipulated the pricing of a fake token, causing collateral valuations to be incorrect. Tether froze about $4.34 million in USDT; the attacker returned roughly $3.5 million. To date, more than $7.8 million has been recovered, highlighting the importance of oracle security.
ChainNewsAbmedia04-18 08:24
