Discover the best DeFi opportunities with expert research and risk insights.

Tether

USDT0

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.

Risk Rating
Good
What is Tether?
Information
Blockchain
  • Unichain
Info
  • Asset Type: ERC-20
Key Metrics
Risk Assessment
Good
Asset Strength

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.

Dependencies

Tether has no dependencies.

Asset Tokenomics

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.

Things to know about USDT0
USDT0 Pools
Morpho-Re7 USDT0 Lending
~
Yield
~
TVL
Risk
B
Protocol
Morpho
Chain
Unichain
Morpho-Gauntlet USDT0 Lending
~
Yield
~
TVL
Risk
B
Protocol
Morpho
Chain
Unichain