Bitfinex, one of the leading digital asset trading platforms, has introduced support for deposits and withdrawals of USDT0 on the Plasma network starting September 26, 2025. The move represents a significant step in extending the reach of the cross-chain stablecoin and reflects the platform’s ongoing efforts to provide users with efficient and scalable transaction options.
USDT0, an omnichain-ready version of Tether’s USDt, was created to simplify stablecoin transfers across multiple blockchain ecosystems. By enabling integration with Plasma, Bitfinex is further enhancing the token’s flexibility and accessibility. Plasma itself operates on PlasmaBFT architecture, recognized for its scalability and focus on stablecoin payments. This approach aims to address customer demand for cost-efficient digital asset transactions while strengthening interoperability across chains.
The addition of Plasma complements other networks already supported for USDT0, including Optimism, Ink, and Arbitrum. With this integration, Bitfinex users can now convert their USDt balances into USDT0 and transfer them seamlessly to multiple supported blockchains, expanding the scope of cross-chain financial activities.
Plasma Network’s Role in Stablecoin Payments
Plasma has been positioned as a blockchain network designed specifically with stablecoin payments in mind. Earlier in 2025, it completed its initial integration with USDT0, demonstrating its purpose-built infrastructure. This design focus has made it a logical partner for Bitfinex’s latest update, allowing users to leverage Plasma’s speed and scalability in managing stablecoin transactions.
USDT0 itself is governed by the USDT0 Consortium and utilizes the OFT (Omnichain Fungible Token) standard developed by LayerZero. This structure provides a foundation for expanding stablecoin applications while ensuring interoperability. Market observers suggest that this framework positions USDT0 as a critical player in the evolving digital asset economy, offering a bridge between various blockchain ecosystems.
The integration follows the deployment of @USDT0_to onto @PlasmaFDN, a high-performance blockchain network focused on scalability and efficiency.
Get more info here:https://t.co/4UTxpLkrP3
— Bitfinex (@bitfinex) September 26, 2025
Strategic Importance for Bitfinex Users
Anoush Bhasin, Head of Listings at Bitfinex, noted that the introduction of Plasma integration demonstrates the platform’s commitment to scalability and efficiency in stablecoin transactions. He highlighted that Plasma’s strong emphasis on stablecoin use cases makes it an effective platform for driving global adoption of USDT0.
By strengthening support for cross-chain assets, Bitfinex is aligning itself with the growing demand for stablecoin utility in trading and payments. The development further reflects the platform’s strategy of providing advanced solutions for institutional and retail customers alike.
Bitfinex’s Broader Offering
Since its establishment in 2012, Bitfinex has evolved into a full-service trading platform catering to professional traders and liquidity providers around the world. Its portfolio of services includes advanced trading tools, peer-to-peer financing, over-the-counter (OTC) markets, and margin trading across a wide range of digital tokens. The company has consistently emphasized innovation in delivering secure, reliable, and user-focused solutions, aiming to maintain its position as a leader in the digital asset sector.
The integration of USDT0 with Plasma further strengthens this reputation, highlighting Bitfinex’s role in shaping the future of cross-chain finance. By enhancing interoperability, reducing costs, and leveraging purpose-built blockchain infrastructure, the platform is reinforcing its commitment to providing traders with efficient pathways to engage with the global stablecoin economy.