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With omnichain support via LayerZero, USD₮0 enhances XRP-based DeFi liquidity and security across blockchains.
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Users can earn up to 30% APY on Flare while enjoying fast, low-cost, and trustless USDT movement between networks.
Following an earlier Ripple development this year, Crypto News Flash (CNF) highlighted that Ripple adopted Chainlink to enhance RLUSD utility in the DeFi ecosystem. Impressively, more than $2 billion worth of USD₮0 has been bridged since January, highlighting its quick adoption as a new liquidity standard for DeFi.
Thanks to the Flare Network—built to solve blockchain interoperability challenges—it has officially launched USD₮0, a next-generation omnichain version of USDT.
Powered by LayerZero’s Omnichain Fungible Token (OFT) technology, USD₮0 is now live on Flare, opening a direct liquidity bridge between USDT and XRP, the second-largest non-smart contract crypto asset.
Unlike traditional bridges or wrapped tokens that often introduce security risks, USD₮0 enables seamless, native movement of USDT across major blockchains like Ethereum, Arbitrum, Optimism, Sei, and now Flare.
Gasless Transfers and High-Yield Opportunities
One of the standout features with USD₮0’s arrival on Flare is zero-cost stablecoin transfers within the network—a major win for users looking for cheaper remittances and payment options. As shared in a recent tweet by the official Flare X account, we can get USD₮0 on Flare today and earn up to 30% APY.
USD₮0 is live on Flare.
Fast. Secure. Deep liquidity. Gasless transfers.@USDT0_to unlocks $140B+ liquidity for XRPFi, backed 1:1 by @Tether_to's USDT and powered by @LayerZero_Labs’ OFT standard.
Get USD₮0 on Flare today and earn up to 30% APY. pic.twitter.com/ZgQtk4U9CS
— Flare ☀️ (@FlareNetworks) April 28, 2025
Furthermore, adding to the attraction, USD₮0 holders can tap into the USD₮0 Boost program, offering up to 30% APY in rFLR tokens through Flare’s liquidity initiatives.
Flare’s CEO Hugo Philion emphasized that a globally accessible, highly liquid stablecoin like USD₮0 is crucial for building a thriving DeFi ecosystem around XRP.
On the other hand, according to recent updates, with LayerZero’s OFT technology, stablecoins can move across chains in seconds without typical bottlenecks or trust issues, vastly improving capital efficiency compared to old bridging models.
This omnichain approach is expected to become the backbone of Flare’s XRP-based DeFi innovations, including FXRP and the soon-to-launch liquid-staked XRP assets.
It is worth noting that Flare also offers a seamless migration tool for users who wish to convert traditional bridged USDT into USD₮0 instantly via the Flare Portal.
According to last February’s CNF report, RLUSD expanded to 120M supply in Just 2 months, suggesting XRP would benefit. As expected, as of now, during this development, XRP is trading at $2.27 USD, reflecting a 9.49% increase over the past week. See XRP price chart below.