This integration begins with Layer 2 networks Ink and Arbitrum One, enabling fast, cost-effective transactions and allowing customers to seamlessly deposit USDT0 into their Bitfinex wallets or withdraw it to external private wallets. By supporting USDT0, Bitfinex empowers its customers to move value across supported chains, simplifying the bridging process. Bitfinex will allow USDT0 to be converted at a 1:1 ratio with USDt, allowing customers to convert between the two with ease. Ink and Arbitrum One are the first networks in this rollout.
“We’re excited to support USDT0 on our platform because it aligns with our mission to give our customers easy access to digital assets across diverse ecosystems,” said Paolo Ardoino, CTO at Bitfinex. “With USDT0, our customers will have more flexibility to leverage USDt’s stability on different blockchains that don’t currently offer native USDt—starting with Ink and Arbitrum One. This marks an important step toward greater interoperability, enhanced liquidity, and a more inclusive digital asset landscape.”
Deposits and withdrawals for USDT0 were opened at 11:00 AM UTC on 6 March, 2025.
To access USDT0 through Bitfinex, visit https://www.bitfinex.com/
Please note that USDT0 is not directly issued or redeemable by Tether.
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Nothing contained in this press release is an offer to buy or sell any assets, including cryptocurrencies. It is also not a solicitation, recommendation or endorsement of any course of transacting. Any purchase or sale of any cryptocurrency on Bitfinex’s platform will occur solely pursuant to the TOS.
The content of this press release is of a general nature and does not address your personal criteria or circumstances. You should not construe the information provided in this press release as financial, legal or other advice. You must conduct your own research and must not rely upon any content set out in this press release. There are risks associated with buying or selling assets, including cryptocurrencies. For more information, please see Bitfinex’s Risk Disclosure Statement at https://www.bitfinex.com/legal/exchange/risk?refcode=0bC4Lljc.
About Bitfinex
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. Bitfinex provides access to peer-to-peer financing, an OTC market, and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on supporting experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
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