OpenUSDT
OpenUSDT is a future-proof interoperable USDT stablecoin for the OP Superchain enabling shared liquidity and interchain applications.
Last updated
OpenUSDT is a future-proof interoperable USDT stablecoin for the OP Superchain enabling shared liquidity and interchain applications.
Last updated
The introduction of OpenUSDT solves a critical issue where blockchains in the Superchain ecosystem are required to either deploy their own version of bridged USDT, resulting in liquidity fragmentation and limited interoperability, or must pay a third party for the privilege of deploying a bridged token contract. By avoiding vendor lock-in and instead focusing on creating positive flywheel effects, OpenUSDT aligns with the Superchain interoperability thesis by providing free access to the world’s largest stablecoin with $141B+ in market capitalization.
Users can easily or use the OpenUSDT dApp to .
OpenUSDT is a joint effort by leading blockchain infrastructure providers and protocols including , , and collaborating to bring a new interoperable USDT token to the OP Superchain ecosystem: OpenUSDT (oUSDT).
Backed 1:1 with native USDT locked on Celo, OpenUSDT leverages Chainlink CCIP and Hyperlane for cross-chain transferability, creating open and unified liquidity for the world’s largest stablecoin within the Superchain.
Leveraging the Superchain ERC20 standard, the address of on all OP chains is the same: 0x1217BfE6c773EEC6cc4A38b5Dc45B92292B6E189
Currently, OpenUSDT is available on the following chains, with native USDT on Celo acting as the hub. Additional networks can easily follow in the future:
Base
Fraxtal
Lisk
Mode
Optimism
Soneium
Unichain
A detailed breakdown of the OpenUSDT infrastructure can be found on the Architecture page.
Stay in the loop of all OpenUSDT updates by following on our .