Tether, the world’s largest stablecoin issuer, has invested in LayerZero Labs to promote cross-chain interaction infrastructure, according to an announcement on Tuesday. The value of the investment was not disclosed.
Through Everdawn Labs, LayerZero’s interoperability protocol has been used to develop an omnichain version of the USDT stablecoin. This cross-chain token, named USDT0, is a complete on-chain representation of USDT, allowing the most popular USD-pegged stablecoin to expand to blockchains where USDT has not been issued directly.
USDT0 is minted according to LayerZero’s Omnichain Fungible Token standard and is always backed 1:1 with USDT. Since its launch in early 2025, USDT0 has supported over $70 billion in cross-chain transaction volume, according to Tether.
Tether CEO Paolo Ardoino stated that LayerZero “has built interoperability technology that enables digital assets to be transferred in real-time across all transmission layers and distributed ledgers, creating a foundational utility for the financial industry.”
Tether’s team believes that LayerZero’s protocol will play a key role in helping AI agents operate autonomous wallets and execute stablecoin and digital asset transactions at scale seamlessly.
Regarded as one of the most profitable crypto organizations in the world, Tether has been actively expanding its investment portfolio in recent years. Last week, the company announced a strategic investment in t-0 network, a payment platform for licensed financial institutions operating on USDT.
Additionally, Tether recently invested $150 million in Gold.com, a direct-to-consumer trading platform in the gold sector.
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