We're pleased to announce that Bitfinex customers can now deposit and withdraw USDT0 on Plasma, effective 03:30 PM UTC on 26/09/2025. USDT0 is also available for deposit and withdrawal on Ink (USDT0INK), Arbitrum One (USDT0ARB) and Optimism (USDT0OPX) transport layers. 

This new feature follows the deployment of USDT0 onto Plasma, a high-performance blockchain network focused on scalability, security, and interoperability.

The API symbol for USDT0 on the Plasma transport layer is USDT0XPL.

Please note that USDT0XPL will not be available for trading. Our customers can convert USDT0 into USDt, and vice versa, using the Bitfinex Currency Conversion tool in the Wallet section. The Currency Conversion tool can be accessed directly here once logged into the platform.

The XPL token commenced trading on Bitfinex against USD and USDt on 25/09/2025.

More information about USDT0 can be found at https://usdt0.to/ and on our Blog.

Please note that USDT0 is not directly issued or redeemable by Tether.