USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers 

Tether has upgraded its USDT stablecoin connected Arbitrum to USDT0, a cross-chain compatible plus backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring idiosyncratic action. USDT0 volition service arsenic Arbitrum’s canonical stablecoin, maintaining the aforesaid declaration address. Transfers […]