Key Highlights
- Gemini added USDT0 deposit and withdrawal support across five blockchain networks.
- Availability varies by user jurisdiction and supported networks.
- The move reflects continued exchange interest in stablecoin infrastructure.
Gemini, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has introduced deposit and withdrawal support for the USDT0 stablecoin. The stablecoin, developed by Tether, is now available on Arbitrum, Avalanche, Ethereum, Solana, and Tron networks, depending on user jurisdiction.
According to an official blogpost from USDT0, the integration expands Gemini’s stablecoin offerings alongside other Tether products like USAT and XAUt. USDT0 is designed as a cross-chain version of USDT that allows users to transfer funds across multiple blockchain networks.
Under the integration, users in supported jurisdictions can deposit and withdraw USDT0 directly through Gemini without completing separate bridging steps between chains.
Some details remain undisclosed
Gemini and USDT0 did not disclose transaction volume figures following the launch. Additional details regarding transaction fees, withdrawal limits, or processing times were also not provided.
The addition of USDT0 reflects continued demand for stablecoins across trading, payments, and cross-chain settlement use cases. Stablecoins such as USDT and related products remain widely used because of their dollar-backed structure, providing an alternative to traditional fiat transfers.
Following the announcement, Zerolore, the co-founder of USDT0, posted on X and wrote, “Extremely proud to see @USDT0_to chains being listed on @Gemini. One more world-class exchange enjoying the benefits of the liquidity layer that USDT0 provides. Higher.”
Winklevoss brothers increase Gemini investment
In a separate development, Winklevoss Capital Fund LLC, the venture capital firm owned by Cameron and Tyler Winklevoss, has made an investment of $100 million into Gemini Space Station Inc. (NASDAQ: GEMI) through a privately placed transaction that ended on May 14, 2026. This fund purchased 7,142,857 shares of Class A common stock for a price of $14 each.
The total funds were paid in Bitcoin, with roughly 1,258 BTC sent to the company. The purchase price is a hefty premium, being more than two and a half times GEMI’s normal session closing price of $5.26 from the last trading day before this transaction. After this news broke, the stock gained some value in after-hours trading, going up by almost 17% to $6.05.
Stablecoin expansion continues amid regulatory pressure
The integration comes as regulators globally continue increasing scrutiny of stablecoins and cryptocurrency exchanges.
Future adoption of USDT0 across additional exchanges may depend on liquidity levels, user demand, and regulatory developments. Gemini has not disclosed expected usage volumes or broader strategic plans tied to the rollout.
For now, the addition of USDT0 expands transfer options for Gemini users while reflecting broader industry efforts to improve stablecoin interoperability across blockchain networks.
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