06 Mar Bitfinex Launches Support for USDT0 on Ink and Arbitrum One
ROAD TOWN, Tortola, British Virgin Islands — 06 March, 2025 — Bitfinex (https://www.bitfinex.com), a leading digital asset trading platform, today announced the support of USDT0 for deposits and withdrawals. USDT0 is the omnichain-ready bridged version of Tether’s USDt managed by the USDT0 Consortium, an ecosystem initiative launched by a consortium using LayerZero’s OFT standard, and which is designed to expand USDt utility across blockchains. Bitfinex customers can convert their USDt balances into USDT0 directly on the platform and then withdraw them to supported blockchains.
This integration begins with Layer 2 networks Ink and Arbitrum One, enabling fast, cost-effective transactions and allowing customers to seamlessly deposit USDT0 into their Bitfinex wallets or withdraw it to external private wallets. By supporting USDT0, Bitfinex empowers its customers to move value across supported chains, simplifying the bridging process. Bitfinex will allow USDT0 to be converted at a 1:1 ratio with USDt, allowing customers to convert between the two with ease. Ink and Arbitrum One are the first networks in this rollout.
“We’re excited to support USDT0 on our platform because it aligns with our mission to give our customers easy access to digital assets across diverse ecosystems,” said Paolo Ardoino, CTO at Bitfinex. “With USDT0, our customers will have more flexibility to leverage USDt’s stability on different blockchains that don’t currently offer native USDt—starting with Ink and Arbitrum One. This marks an important step toward greater interoperability, enhanced liquidity, and a more inclusive digital asset landscape.”
Deposits and withdrawals for USDT0 were opened at 11:00 AM UTC on 6 March, 2025.
To access USDT0 through Bitfinex, visit https://www.bitfinex.com/
Please note that USDT0 is not directly issued or redeemable by Tether.
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Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. Bitfinex provides access to peer-to-peer financing, an OTC market, and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on supporting experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
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