Key Takeaways
- •Bybit now supports USDT0 on Mantle, linking cross-chain liquidity.
- •Mantle becomes a leading Layer 2 network by total value locked.
- •Zero-fee transfers enhance liquidity and DeFi participation.
Integration Details
Bybit has officially announced its support for USDT0 deposits and withdrawals on the Mantle Network, launching seamless, zero-fee transfers. This integration, effective November 27, 2025, aims to enhance stablecoin liquidity across chains and is expected to increase staking and DeFi activity. The partnership positions Mantle as a significant Layer 2 network by total value locked (TVL).
The integration utilizes LayerZero's Omnichain Fungible Token protocol, enabling seamless USDT0 transactions between Bybit and the Mantle Network. This collaboration is designed to influence the stablecoin market by providing zero-fee transfers, thereby reducing complexities and improving scalability and user experience within Mantle's decentralized finance ecosystem.
Strategic Impact on Mantle Network
Financially, this integration supports $MNT and related Mantle tokens, leveraging the scalability benefits inherent in Layer 2 solutions. This strategic move is anticipated to boost liquidity and the overall total value locked on the Mantle network. Bybit's announcement underscores a clear intention for smoother cross-platform interactions, potentially driving further adoption and regulatory focus on stablecoin interoperability.
The initiative addresses prior industry inefficiencies by introducing an omnichain design for USDT0 that unifies liquidity across platforms. This new stablecoin architecture aims to eliminate fragmented bridges, creating a more streamlined financial ecosystem. Historically, cross-chain stablecoins have strived for interoperability, but fragmented liquidity has consistently posed challenges.
Expert Commentary
"Supporting USDT0 early, together with Tether and Bybit, is a strategic step for Mantle... strengthening Mantle’s role as a core venue for cross-chain stablecoin liquidity."