$USDT.E, Rainbow Bridged USDT on Aurora, enables cross-chain DeFi via NEAR and Ethereum, boosting liquidity with Tether’s stablecoin. More
| Fully Diluted Valuation | $1.51M |
|---|---|
| 24H Trading Volume | $8,638 |
| 24H Low / High | $0.99 / $ 1.01 |
| Circulating Supply | 1.51M |
| Total Supply | 1.51M |
| Max Supply | ∞ |
| Categories | Bridged USDT 3 more |
|---|---|
| Founder | Brock Pierce 3 more |
| Website | github.com |
| Socials | |
| Chains | Aurora Ecosystem |
| Explorer | Aurora 1 more |
| Contracts |
0x498....1571f
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| Name | Pair | OG Score |
|---|
Rainbow Bridged USDT (Aurora) ($USDT.E) is a bridged version of Tether’s USDT stablecoin, integrated into the Aurora blockchain, an Ethereum-compatible Layer-2 solution on the NEAR Protocol. The Rainbow Bridge facilitates seamless transfers of USDT between Ethereum, NEAR, and Aurora, allowing users to leverage Tether’s stability in Aurora’s low-cost, high-speed ecosystem. Unlike NEAR-native USDT, $USDT.E is specifically bridged from Ethereum, denoted by the “.e” suffix to avoid confusion, a metadata update implemented by Aurora Labs in September 2022 to enhance user experience.
On Aurora, $USDT.E supports decentralized finance (DeFi) activities, including trading on decentralized exchanges (DEXs) like Trisolaris, Ref Finance, and Rhea Finance, as well as liquidity provision and yield farming. The token’s integration with Aurora’s EVM-compatible environment enables smart contract interactions, making it a key asset for developers building dApps. The Rainbow Bridge’s trustless design ensures secure asset transfers, with no changes to contract addresses or token functionality during bridging, preserving user accessibility across ecosystems.
The project aligns with Aurora’s mission to scale Ethereum applications while leveraging NEAR’s infrastructure. Community-driven stableswap pools on DEXs facilitate conversions between $USDT.E and NEAR-native USDT, enhancing flexibility. Security is prioritized through audited bridge contracts, and recent integrations, such as with Pheasant Swap in April 2025, expand $USDT.E’s utility. While dependent on the Rainbow Bridge, $USDT.E empowers users to engage in cross-chain DeFi, bridging traditional stablecoin reliability with Aurora’s innovative ecosystem.
$USDT.E is unique for enabling Tether’s USDT to operate on Aurora, a Layer-2 on NEAR, via the Rainbow Bridge, connecting Ethereum and NEAR ecosystems. It supports DeFi on Aurora’s low-cost, EVM-compatible network, with a distinct “.e” suffix to differentiate it from NEAR-native USDT, ensuring clarity and seamless cross-chain functionality.
$USDT.E is a bridged asset, not a standalone project. Tether, behind USDT, was founded by Brock Pierce, Reeve Collins, and Craig Sellars. Aurora, which hosts $USDT.E, was founded by Alex Shevchenko (CEO), with the Rainbow Bridge developed by Aurora Labs. No specific founders are tied to the bridged token’s deployment.
Specific backers for $USDT.E are not isolated. Tether is supported by its corporate structure, while Aurora Labs, behind the Rainbow Bridge, is backed by investors like Pantera Capital and Dragonfly Capital through NEAR’s ecosystem. Community support and DEX integrations like Trisolaris drive $USDT.E’s adoption on Aurora.
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