Tether(USDT) News: USDT0 Expands to Optimism’s Superchain for Enhanced DeFi Liquidity

In a move that underscores the ever-evolving landscape of decentralized finance (DeFi), Tether-backed stablecoin USDT0 has expanded its presence to Optimism’s Superchain. This strategic deployment follows its successful launch on Kraken’s Ink layer 2 and marks a significant step towards enhancing liquidity across Optimism’s network of Ethereum scaling solutions.

USDT0 Expands to Optimism’s Superchain to Enhance DeFi Liquidity

USDT0, a Tether-backed stablecoin, has expanded its reach to Optimism’s Superchain after a successful launch on Kraken’s Ink layer 2. This move enables USDT0 to enhance liquidity across Optimism’s network of Ethereum scaling solutions. The deployment on the OP Mainnet makes it accessible within Ethereum’s layer-2 ecosystem. Optimism’s OP Stack enhances scalability across the Superchain, which processes more than 50% of all layer-2 transactions on Ethereum, boosting USDT0’s cross-chain compatibility and facilitating secure asset transfers. This expansion is expected to boost stablecoin adoption within DeFi protocols.

Tether Surges to 400 Million Users, Outpacing Rivals in Stablecoin Race

Tether (USDT) has reached a significant milestone with 400 million users as of March 2025, marking a 14% increase in less than six months. This rapid growth, fueled by grassroots adoption in emerging markets and a multi-chain approach, has propelled Tether’s market capitalization to $144.1 billion. In a strategic move, USDT has also diversified its portfolio by acquiring a 30% stake in the media firm Be Water. With this meteoric rise, Tether continues to solidify its position as the undisputed king of the stablecoin universe, outpacing most traditional financial institutions.

Stablecoin Market Cap Passes $200B, Ethereum, TRON Dominate

The stablecoin market capitalization has surpassed $200 billion, with Tether (USDT) leading the pack at $142 billion. Circle’s USDC follows at $49 billion, while SkyEcosystem’s USDS and Ethena’s USDe are newer entrants with $8.3 billion and $6.5 billion respectively. Ethereum holds 58% of the stablecoin market cap, followed by TRON with 31%, indicating their dominance in decentralized finance (DeFi) transactions. Binance Smart Chain (BSC) only accounts for 3%, suggesting a decline in its market share for stablecoin activity.