Hassan Maishera
On Thursday, the Optimism team announced via X that Tether’s USDT0 stablecoin is now live on the Optimism network. USDT0 is one of the first assets to seamlessly move across Superchain networks.
USDT0 is a 1:1 backed version of Tether’s USDT, designed for native compatibility across multiple chains. It is directly backed by USDT on Ethereum, providing reliable and straightforward access to funds throughout the Superchain. As an interoperable asset on the Superchain, USDT0 will soon benefit from Superchain Interop: 1-block finality, zero slippage, and unified security.
Optimism’s main utility is to batch transactions on the Optimism network. Optimism allows users to enjoy lower gas fees on their transactions executed on the Optimism network through optimistic roll-up technology. OP is trading at $0.857, down 6% in the last 24 hours.
