Hyperdrive Integrates USDT0: A Game-Changing Stablecoin Launch

JUN

01

Event date

Sunday 01 June 2025, UTC

Event description

Starting May 26, Hyperdrive will integrate USDT0, dubbed “the strongest dollar on-chain,” allowing users to supply USDT0 for lending yields, borrow against spot collateral like BTC and ETH, and use it across HyperEVM as a first-class asset [Hyperdrive X Post, May 19, 2025]. This integration aims to boost liquidity and yield opportunities in a market where stablecoins exceed $243B in circulation but face unsustainable DeFi yields since 2022 [mirror.xyz]. Hyperdrive’s focus on maximum utilization means every dollar should earn more and move faster, making it a go-to for stablecoin holders.

Recent News

Hyperdrive has been gaining traction in 2025. In April, Hyperliquid’s ecosystem saw increased activity with tokenized assets like Hyperunit, signaling growth [mirror.xyz]. Hyperdrive also partnered with top auditors to ensure security, a critical move for DeFi platforms [hyperdrive.fi]. This USDT0 integration follows their earlier support for Ethena’s USDe, showing their commitment to expanding stablecoin offerings.

Future Plans

Hyperdrive’s roadmap is ambitious—they’re building to be the “default infrastructure” for yield in crypto. Upcoming features include tokenized HLP as collateral and more vaults, payment rails, and NFT projects on Hyperliquid [mirror.xyz]. Their vision? Every wallet holding a stablecoin, all compounding through Hyperdrive.

Onchain Data

Specific onchain metrics for Hyperdrive are limited as it transitions to mainnet, but Hyperliquid’s ecosystem has seen steady growth, with over 10K active wallets in Q1 2025 [Dune Analytics, Hyperliquid Dashboard]. USDT0’s integration could spike transaction volume further.

Community Sentiment

The X community is buzzing—users are excited, with posts like “Very exciting!” and “LFG!!” [X Replies, May 19]. However, some confusion exists, as a few users mistook the launch for a testnet release, reflecting Hyperdrive’s ongoing mainnet rollout challenges.

Risk Disclaimer

As with any DeFi launch, ensure you verify platform security and understand risks like smart contract vulnerabilities. DYOR!

USDT0

Bullish or Bearish?

bullish
bearish

USDT0 (USDT0) Events List

Kraken Integration for Plasma USD₮

Kraken has listed Plasma USD₮, enhancing the exchange's support for this efficient and cost-effective USD stablecoin rail. Listed under the currency Plasma, this integration on Kraken provides users access to one of the cheapest and most efficient USD₮ rails globally. The event occurs on December 10, 2025. This listing allows Kraken users to trade Plasma USD₮, facilitating increased liquidity and adoption for the Plasma stablecoin ecosystem. Recently, Plasma has been advancing its technology to offer highly efficient USD₮ transactions, emphasizing low fees and fast processing times. Kraken's listing marks a significant milestone in expanding real-world usage and exchange adoption of Plasma USD₮. Future plans for Plasma include ongoing enhancements to their USD₮ infrastructure, broader exchange listings, increasing institutional adoption, and supporting more use cases for USD stablecoins. Recent News Kraken has listed Plasma USD₮, facilitating increased liquidity and adoption for the Plasma stablecoin ecosystem. Recently, Plasma has been advancing its technology to offer highly efficient USD₮ transactions, emphasizing low fees and fast processing times. Kraken's listing marks a significant milestone in expanding real-world usage and exchange adoption of Plasma USD₮. Future Plans Future plans for Plasma include ongoing enhancements to their USD₮ infrastructure, broader exchange listings, increasing institutional adoption, and supporting more use cases for USD stablecoins. Community Sentiment Community sentiment is generally positive, appreciating the added liquidity and utility on Kraken; however, direct community feedback is limited due to the newness of the listing. "Great to see more exchanges supporting efficient stablecoins," and "Kraken expanding options is a good sign," are representative quotes from community discussions. Risk Disclaimer This listing could influence Plasma USD₮ price dynamics due to increased exchange exposure and market access. Traders should remain aware of potential volatility post-listing. Sources used https://cryptocalendar.ai/events/kraken-integration-for-plasma-usd-exchange-10-12-2025

Plasma

December 10

USDT0

subscription

Be aware of the recent news
in crypto every day

Please keep me updated by email with the latest crypto news, research findings, reward programs, event updates, coin listings, and more information from Bitdates.