Bybit Expands USDT0 Support to HyperEVM Corn Berachain

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has extended support for USDT0, a unified liquidity network for Tether (USDT), to HyperEVM, Corn, and Berachain [1]. This integration enables native deposits and withdrawals of USDT0 across these Layer 1 ecosystems, reducing reliance on fragmented bridges and wrapped assets while consolidating liquidity. Built on LayerZero's Omnichain Fungible Token (OFT) standard, USDT0 aims to simplify cross-chain transactions by providing a seamless and trustless transfer mechanism [2].

The move positions Bybit as one of the first major centralized exchanges to offer native cross-chain stablecoin functionality on these emerging platforms [3]. HyperEVM, which is compatible with the Ethereum Virtual Machine, Corn, a scalable layer-1 blockchain, and Berachain, a next-generation smart contract platform, now benefit from the enhanced liquidity and reduced friction that USDT0 offers [4]. These platforms are already seeing growing developer and user activity, and the integration of USDT0 is expected to accelerate this trend by enabling more efficient capital allocation and cross-chain interactions [5].

The expansion of USDT0 to these chains builds on its existing deployment on Arbitrum, Optimism, and Unichain. This continued growth highlights a broader industry shift toward unified stablecoin liquidity, which is critical for the long-term scalability of DeFi. Bybit's support for USDT0 aligns with its broader strategy to foster interoperability and reduce operational inefficiencies in the blockchain space [6].

To incentivize adoption, Bybit has launched a limited-time campaign offering zero-fee withdrawals for USDT0 on HyperEVM, Corn, and Berachain, along with boosted staking rewards of up to 100% APR for eligible deposits [7]. These promotions aim to drive user engagement and liquidity, reinforcing the practical utility of USDT0 in real-world use cases.

From an industry perspective, the integration of USDT0 on these chains underscores the importance of interoperability in the maturation of the blockchain ecosystem. As the demand for cross-chain activity continues to rise, solutions that eliminate redundant infrastructure and streamline value transfer will become increasingly valuable [8]. Bybit's proactive approach to integrating such protocols not only benefits its user base but also contributes to the broader adoption of cross-chain solutions in the DeFi landscape [9].

Source:

[1] https://www.prnewswire.com/news-releases/bybit-expands-usdt0-support-to-hyperevm-corn-and-berachain--unlocking-seamless-stablecoin-access-across-ecosystems-302520850.html

[2] https://www.prnewswire.com/news-releases/consumer-technology-latest-news/consumer-technology-latest-news-list/

[3] https://www.newswire.ca/news-releases/multimedia/multimedia-list/

[4] https://www.newswire.ca/news-releases/news-releases-list/

[5] https://www.taiwannews.com.tw/