Flare, the network built for seamless blockchain interoperability, has officially launched USD₮0, the omnichain deployment of the world's most widely adopted stablecoin, USDT.
Flare, the network designed for blockchain interoperability, has announced the launch of USD₮0, an omnichain deployment of the world’s most widely adopted stablecoin, USDT.
Now live on Flare, the network is connecting the largest stablecoin directly to XRP, the second-largest nonsmart contract asset, aiming to provide a unified liquidity solution and deep access to the $140 billion USDT supply without the use of wrapped tokens or third-party bridges.
USD₮0, powered by LayerZero’s Omnichain Fungible Token (OFT) technology, enables frictionless transfer across major blockchains, including Ethereum, Arbitrum, Optimism, Sei and now Flare. Since its debut in January, over $2 billion worth of USD₮0 has already been bridged on-chain, establishing it as a rapidly emerging standard for DeFi liquidity.
With the arrival of USDटी0, Flare users can now send stablecoin transactions within the network with zero cost, significantly reducing barriers for cross-border remittances and crypto payments. Moreover, USD₮0 holders can access the USD₮0 Boost program, allowing them to earn up to 30% APY, paid in rFLR tokens, through institutional-grade liquidity opportunities.
“For Flare’s DeFi ecosystem to thrive, it requires a highly liquid, globally accessible stablecoin,” said Hugo Philion, Co-Founder and CEO of Flare. “USD₮0 fulfills this need perfectly, unifying liquidity across chains and establishing a robust capital base essential for XRP DeFi.”
The use of the LayerZero OFT standard ensures that USD₮0 can be moved across supported chains in a time-efficient manner, typically within seconds to minutes, offering capital efficiency far beyond what traditional bridging methods provide. This innovation positions USDटी0 as a foundational liquidity layer not just for Flare itself, but particularly for Flare’s emerging XRP DeFi ecosystem, including FXRP and upcoming liquid-staked XRP assets.
Existing bridged USDT can be transitioned smoothly into USDटी0 using the migration tool available on the Flare Portal. Users can then immediately engage in gasless transfers and participate in high-yield opportunities through platforms like SparkDEX and Kinetic.
