USDT Multi-Chain Expansion Strategy: From USDT0 to Comprehensive Ecosystem Construction

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The Expansion Path of USDT: Multi-Chain Strategy and Ecosystem Development

As the largest stablecoin by market capitalization, USDT has experienced significant growth in recent years. Its market value increased from 80 billion USD to 144 billion USD, a growth of 80%. However, USDT's market share has declined from 70% to 61%, as other stablecoins continue to expand. To maintain its growth momentum, USDT has adopted an active cross-chain expansion strategy.

USDT0: A New Node in the Expansion of the Tether Stablecoin Empire

Currently, USDT natively supports about 12 blockchains, but it exists on over 80 chains through bridging. This reliance on third-party bridging brings additional risks and management challenges. To address these issues, USDT has adopted both horizontal and vertical scaling strategies.

In terms of horizontal scalability, USDT has launched the multi-chain token USDT0 based on LayerZero OFT. This allows USDT to more easily expand to new blockchains and Rollups. Since the launch of USDT0 a month ago, the total locked value has reached 971 million USD, with cross-chain transaction volume exceeding 3 billion USD.

USDT0: A New Node in the Expansion of the Tether Empire

In terms of vertical expansion, USDT is building two key infrastructures: Legacy Mesh and Plasma. Legacy Mesh is centered around Arbitrum, connecting existing USDT deployments with USDT0, unifying 98% of the USDT supply. Plasma, on the other hand, is a Bitcoin sidechain focused on payment efficiency, natively supporting USDT0.

USDT0: A New Node in the Expansion of the Tether Stablecoin Empire

These measures aim to create a comprehensive USDT liquidity and ecosystem hub. Arbitrum serves as a liquidity pillar, while Plasma optimizes trading performance and develops its own ecosystem. In this way, USDT is expanding its influence in terms of liquidity and applications.

USDT0: A New Node in the Expansion of the Tether Stablecoin Empire

Interoperability has become a top priority for the expansion of stablecoins. As the blockchain ecosystem continues to grow, stablecoin issuers need effective cross-chain strategies to achieve long-term growth. LayerZero, with its customizable infrastructure and extensive chain support, is becoming an important gateway for this cross-chain growth strategy.

USDT0: A New Node in the Expansion of the Tether Stablecoin Empire

Overall, USDT is addressing scalability challenges and consolidating its position as the leading stablecoin through a multi-chain strategy and ecosystem development. This approach not only helps unify liquidity but also creates a dedicated ecosystem for USDT, laying the foundation for future development.

USDT0: A New Node in the Expansion of the Tether Stablecoin Empire

USDT0: A New Node in the Expansion of the Tether Stablecoin Empire

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Hash_Banditvip
· 08-16 19:32
been watching usdt since 2017... hashrate never lies but bridges do lmao
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GhostAddressMinervip
· 08-16 19:32
They are just using USDT0 to cover the original address traces. It's best to keep a close watch when the funds are migrated to the new chain.
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GateUser-c802f0e8vip
· 08-16 19:27
Why look at cross-chain when you can gamble on shitcoin!
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ForkItAllDayvip
· 08-16 19:26
USDT is doing well, it has been steady and reliable for so many years.
View OriginalReply0
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