PANews, November 27th - Bybit officially announced today that it will support USDT0 deposits and withdrawals on the Mantle network, becoming one of the first mainstream exchanges to support this new cross-chain USDT standard. Users will then be able to directly deposit and withdraw USDT0 between Bybit and the Mantle network, and enjoy a limited-time zero-fee withdrawal offer.

USDT0 is built on LayerZero's full-chain fungible token standard, employing a minting-burning architecture to maintain strict 1:1 support and eliminate fragmentation bridging issues. This collaboration makes Mantle the exchange-related Layer 2 network with the largest total value locked (TVL).