USDT is a USD-pegged stablecoin on Scroll, bridged from Ethereum, enabling low-cost DeFi and payments. More
| Fully Diluted Valuation | $6.98M |
|---|---|
| 24H Trading Volume | $133,591 |
| 24H Low / High | $1.00 / $ 1.01 |
| Circulating Supply | 6.88 M |
| Total Supply | 6.88 M |
| Max Supply | 0.00 |
| Categories | Bridged USDT 2 more |
|---|---|
| Founder | Paolo Ardoino |
| Website | scroll.io Whitepaper |
| Socials | 2 more |
| Chains | Scroll Ecosystem |
| Explorer | L2scan 2 more |
| Contracts | 0xf55....099df |
| Name | Pair | OG Score |
|---|
Bridged Tether (Scroll) ($USDT) is a decentralized stablecoin on the Scroll blockchain, a Layer-2 zero-knowledge rollup designed to scale Ethereum’s transactions while preserving its security and composability. Pegged 1:1 to the U.S. dollar, $USDT is bridged from Ethereum’s native USDT via Scroll’s official bridge, allowing users to leverage Tether’s stability in a high-throughput, low-cost environment optimized for decentralized finance (DeFi). Issued by Tether Limited, $USDT maintains its value through reserves of cash, cash equivalents, and other assets, mirroring the USD’s stability to minimize volatility compared to other cryptocurrencies. On Scroll, $USDT serves as a versatile asset for DeFi applications, including trading, lending, borrowing, and liquidity provision on platforms like Nuri V2, Vessel Finance, and Oku Trade, which support pairs such as USDT/USDC. The token’s integration with Scroll’s ecosystem enables near-instant transactions with gas fees significantly lower than Ethereum’s, making it ideal for developers building scalable dApps and users seeking efficient cross-chain transfers. The bridging process involves locking USDT on Ethereum and minting an equivalent amount on Scroll, with the reverse for withdrawals, ensuring a seamless flow of liquidity. $USDT’s smart contract address (0xf55BEC9cafDbE8730f096Aa55dad6D22d44099Df) allows easy addition to wallets like MetaMask for interaction with Scroll’s DeFi protocols. The token’s design supports Scroll’s mission to enhance Ethereum’s accessibility, offering a stable medium for payments, remittances, and decentralized exchanges while maintaining compatibility with Ethereum’s broader ecosystem. Despite its utility, users should be aware of potential bridge-related risks, such as temporary liquidity constraints during cross-chain transfers, and ensure they verify contract addresses to avoid scams. By combining Tether’s trusted stability with Scroll’s scalability, $USDT empowers a wide range of financial use cases in Web3.
$USDT on Scroll uniquely combines Tether’s USD-pegged stability with Scroll’s Layer-2 scalability, offering low-cost, high-speed DeFi transactions and seamless Ethereum interoperability for payments and dApps.
The founders of Bridged Tether (Scroll) are anonymous, with $USDT issued by Tether Limited, led by key figures like Paolo Ardoino (CEO), and bridged to Scroll by the Scroll team, with no specific individuals named.
The backers of Bridged Tether (Scroll) are not explicitly disclosed, though Tether Limited is supported by its parent company iFinex, and Scroll’s ecosystem includes venture support from firms like Polychain Capital for its infrastructure.
SyncSwap (Scroll), iZiSwap (Scroll), SkydromePunkswap
