USDT on Unichain is backed 1:1 by USDT locked in the Unichain bridge protocol on the Ethereum chain. USDT is fully redeemable for its USD reserves, providing an effective mechanism to retain the peg to $1.
USDT0 is a large-cap asset with questionable collateral reserves. This asset depends on a centralized entity for custody services.
USDT0 is a stablecoin that consistently trades within 10bps of its peg to USD, which makes it a great store of value.
Tether has no dependencies.
USDT0 does not have a supply schedule. USDT on Unichain is backed 1:1 by USDT locked in the Unichain bridge protocol on the Ethereum chain. USDT is fully redeemable for its USD reserves, providing an effective mechanism to retain the peg to $1.