Chainlink, Hyperlane, and Velodrome Launch Super USDT to Unify Liquidity on OP Superchain
- Super USDT Unifies Liquidity on OP Superchain
- Simplified Interoperability with Chainlink and Hyperlane
- Integration with Velodrome increases accessibility
Three big names in blockchain infrastructure — Chainlink, Hyperlane and Velodrome — have teamed up to throw Super USDT, an interoperable version of the USDT stablecoin designed for the OP Superchain ecosystem. The initiative aims to solve liquidity fragmentation across different Superchain networks by offering a simplified and cost-effective solution for developers and users.
Super USDT was developed by Hyperlane to facilitate cross-chain transfers and is secured by Chainlink CCIP technology. It maintains a 1:1 peg with the native USDT on Celo, ensuring transparency and security. Mento Labs is also participating in the project, offering fee-free swaps between Super USDT and USDT on Celo via the Mento Protocol.
Prior to the launch of Super USDT, each blockchain within the Superchain had to create its own bridged versions of USDT, resulting in fragmented liquidity and limited interoperability. Additionally, users faced high fees for using bridged token contracts. Super USDT eliminates these issues by providing a canonical token that operates in a unified manner across all Superchain networks.
With Chainlink CCIP and Hyperlane’s ready-to-use infrastructure, Super USDT can quickly expand to new networks, fostering a truly connected ecosystem. The solution also prioritizes open access, eliminating predatory trading practices and creating a fairer environment for all participants.
Super USDT will be integrated into Velodrome, Superchain’s main liquidity hub, increasing its utility and accessibility. The token’s architecture also enables future upgrades, such as integration with Superchain’s native interoperability standards via ERC-7802 and the possibility of direct minting and redemption in collaboration with Tether.
Super USDT is currently available on eight chains including Base, Fraxtal, Lisk, Metal, Mode, Optimism, Soneium, and Unichain, with Celo serving as the core chain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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