Tether integrates USDT0 to Sei, expanding its liquidity and interoperability
Sei Network Overview - April 14, 2025
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By the Numbers
$SEI token price: $0.18 (+20%)
Market cap: $866.6M (+20.75%)
Sei Total Value Locked (TVL): $397.15M (+0.9%)
Daily average transactions: 4M (-6.98%)
Daily active addresses: 239.5K (-23.85%)
Total wallets: 19M (+1.33%)
Real-time transactions per second: 47.74 tx/s (-9.65%)
Block time: 0.51s (+2%)
The percentages and metrics are calculated from its change over a 7-day time frame, unless noted otherwise.
Sei Showcase
Highlighting some of the biggest announcements from Sei.
💨 What’s happening: Sei integrated USDT0, a bridged version of Tether’s USDT stablecoin, to its network.
💨 Why it matters: USDT is the world’s largest stablecoin by market cap at $144 billion. This deployment will bring its stablecoin liquidity and more to Sei’s ecosystem with the bridge’s cross-chain capabilities. It also maintains a 1:1 backing with Tether’s USDT on Ethereum. The token was launched in January as a means to be accessible across different blockchains, even if that chain doesn’t support USDT.
For developers and users on Sei, the addition of USDT liquidity pools means they could access the largest stablecoin by market cap from any network that supports USDT0. Additionally, it opens the ability to take advantage of interoperability without having to use complex bridging mechanisms.
Since Sei's architecture is designed to maintain fast settlement times and low costs, this integration should allow stablecoin transactions to be lower compared to more congested networks.
Additionally, this integration could increase liquidity across Sei's ecosystem. Sei native dApps such as Symphony, Takara Lend, SAILOR, Yei Finance and DragonSwap are already integrating USDT0. In turn, applications such as payments, trading and DeFi could benefit from the cross-chain compatibility.
💨 The bigger picture: This partnership can show that blockchain projects are able to preserve their performance benefits, while eliminating friction, when moving value between networks.
Developers can build applications without being limited by blockchain-specific liquidity constraints by combining Sei’s technology with USDT0’s unified liquidity model. This hybrid approach may help accelerate adoption of high-frequency trading applications and real-time financial services.
Cross-chain interoperability has become more prevalent and important for broader DeFi adoption. Thus, integrations like USDT0 on Sei can point to a new model for how stablecoins can operate across different blockchains without fragmentation.
Accelerating Sei’s blockchain
Updates on the latest games, validators, builders and more that are helping Sei expand
Dynamic, a software development kit to create wallets, launched the Sei Global Wallet featuring social login tools
Synnax Protocol, a leveraged borrow and lending protocol for Sei, hit an all-time high of $9.4M in TVL, DefiLlama data shows
Dapp related Sei transactions are up 12.4% week-over-week at 3.72M, according to DappRadar
Symphony shared it reached $10M in total USDC aggregated volume on its DEX
What’s the community Sei’ing
Highlighting the builders, users and ecosystem players within the Sei blockchain.
Europe Fantasy League’s soccer tournament platform saw an increase in metrics in the past week:
Unique active wallets: 151K (+43.43%)
Transactions: 764.45K (+71.36%)
Interested in gaming on Sei? Check out this post by X user Arunima Ganguly about games in the ecosystem
DragonSwap hit an all-time high in swap transactions at 454K in the first week of April, Flipsde data shows
Lock in to the ecosystem
Want to get involved in the ecosystem? Find the latest job postings here or get involved with an activation below.
Participate in Archer Hunter’s ongoing in-game campaigns by joining its Discord
Interested in creating dApps on Sei and need APIs? Learn how to integrate the two via an X livestream with API3DAO
Dive deeper into the Sei ecosystem for a 101 session with X user Camski
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.