USDT0 stablecoin data
Data card for USDT0: on-chain issuance in the 30 days to 31 October 2026, issuer freeze and seize acts, and the freeze function of each contract, measured by the Stablecoin Scanner (ACHIVX).
Issuer and rules
What issuer documents and public registers say about USDT0, each row with its source. Register rows give the register's own date or the date we checked it.
| Fact | Value | Source |
|---|---|---|
| Issuer | USDT0. Legal entity: Everdawn Labs Limited. Quote: "USDT0 is part of Everdawn Labs Limited." | usdt0.to |
| Type | Category: token backed 1:1 by locked USD₮ (not one of fiat-backed / crypto-collateralised / synthetic in the issuer’s words). USDT0’s docs say the original asset (USDT) is locked in the OFT Adapter contract on Ethereum and equivalent tokens are minted on the target chain with a strict 1:1 backing. | docs.usdt0.to |
| Redemption | USDT0’s docs say tokens can be redeemed by burning them on any chain and unlocking the original assets on the Ethereum OFT Adapter. | docs.usdt0.to |
| Reserves | As of 1 November 2026. No accountant’s report. An on-chain read at Ethereum block 26,318,313 (1 November 2026) showed 3,118,640,159.16 USD₮ in the OFT Adapter and 634,963.52 USD₮ in the IOTA lockbox. | Etherscan |
| Freeze | The issuer can freeze addresses. Quote: "Blocked addresses can't send tokens, and blocked callers can't invoke transferFrom or the EIP-3009 transfer functions." | docs.usdt0.to |
| Regulation: United States | USDT0’s terms say Everdawn is not registered with FinCEN as a money services business or in any other capacity. | usdt0.to |
| Regulation: United Arab Emirates (ADGM) | Not found in the ADGM FSRA list of Accepted Fiat-Referenced Tokens dated September 1, 2026 (checked 2026-11-01; searched for "USDT0", "Everdawn"). | assets.adgm.com |
| Regulation: European Union | Not found in the ESMA interim MiCA register of e-money token issuers (checked 2026-11-01; searched for "USDT0", "Everdawn"). | esma.europa.eu |
| Regulation: Hong Kong | Not found in the HKMA register of licensed stablecoin issuers (checked 2026-11-01; the register lists 2 licensees; searched for "USDT0", "Everdawn"). | hkma.gov.hk |
| Regulation: Japan | Not found among the electronic payment instruments handled by the registered providers in the FSA register as of 27 August 2026 (checked 2026-11-01; searched for "USDT0", "Everdawn"). | fsa.go.jp |
Checked against the sources on 1 November 2026. Not legal advice.
- revain.org: revain.org/coins/usdt0
- Glossary: Issuer, Redemption, Reserve / reserve assets, Freeze (address freeze), Blacklist (issuer blacklist), Seizure, Mint, Burn, Net issuance
Issuance, 30 days
| Network | Minted | Burned | Net issuance | Window | Scanner build | Source |
|---|---|---|---|---|---|---|
| All covered networks | US$287 m | US$318 m | -US$30.9 m | 30 days to 31 October 2026 | 1 November 2026 | stablescan.achivx.com/optimism/stablecoin/usdt0 |
| Optimism | US$33.3 m | US$35.6 m | -US$2.28 m | 30 days to 31 October 2026 | 1 November 2026 | stablescan.achivx.com/optimism/stablecoin/usdt0 |
| Arbitrum | US$254 m | US$282 m | -US$28.6 m | 30 days to 31 October 2026 | 1 November 2026 | stablescan.achivx.com/arbitrum/stablecoin/usdt0 |
Mints and burns the scanner decodes on the networks it covers, not the issuer's total issuance.
Issuer acts
Acts the issuer carried out on Optimism and Arbitrum, the networks where the scanner indexes USDT0 issuer acts.
| Measure | Value | Window | Scanner build | Source |
|---|---|---|---|---|
| Freeze acts | 1 | 30 days (2 October 2026 – 31 October 2026) | ledger read on 1 November 2026 | stablescan.achivx.com/optimism/stablecoin/usdt0 |
| Unfreeze acts | 1 | 30 days (2 October 2026 – 31 October 2026) | ledger read on 1 November 2026 | stablescan.achivx.com/optimism/stablecoin/usdt0 |
| Seize acts | 0 | 30 days (2 October 2026 – 31 October 2026) | ledger read on 1 November 2026 | stablescan.achivx.com/optimism/stablecoin/usdt0 |
| Seized | US$0 | 30 days (2 October 2026 – 31 October 2026) | ledger read on 1 November 2026 | stablescan.achivx.com/optimism/stablecoin/usdt0 |
| Addresses acted on | 1 | 30 days (2 October 2026 – 31 October 2026) | ledger read on 1 November 2026 | stablescan.achivx.com/optimism/stablecoin/usdt0 |
Latest act in the ledger: 14 October 2026.
| Date | Network | Act | Scanner page |
|---|---|---|---|
| 14 October 2026 | Arbitrum | freeze | stablescan.achivx.com/arbitrum/freeze/0xaa20cec5e43d6cfd070d29fece4d00808bb5573b1debc5a23225933d43b87b0f |
| 14 October 2026 | Arbitrum | unfreeze | stablescan.achivx.com/arbitrum/freeze/0x089ad8793ba63fc28e3bf6964739e8f8217bce6fcb6419a4927534a936acfb61 |
| 25 June 2026 | Arbitrum | freeze | stablescan.achivx.com/arbitrum/freeze/0xa3522dc041cae10cccd2cd6c597e60c7d0a7ee9c80c1d0a939e142d9ef30a4ce |
| 25 June 2026 | Arbitrum | freeze | stablescan.achivx.com/arbitrum/freeze/0xa3522dc041cae10cccd2cd6c597e60c7d0a7ee9c80c1d0a939e142d9ef30a4ce |
| 16 June 2026 | Arbitrum | freeze | stablescan.achivx.com/arbitrum/freeze/0x2cd342baf64e91e6e29d6f111e1a1b9aa52bbc0d05a185fc4de57f8f9eb47ae3 |
The scanner notes that every act is something the issuer did; it says nothing about who the address belongs to or why.
Freeze function in the contract
What the USDT0 contract on each network lets the issuer do, from the scanner's token registry (read at build time, no build date).
| Network | Contract | Deployment | Freeze function | Source |
|---|---|---|---|---|
| Arbitrum | 0xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9 | USDT0 (omnichain) | freeze and seize | stablescan.achivx.com/arbitrum/stablecoin/usdt0 |
| Optimism | 0x01bff41798a0bcf287b996046ca68b395dbc1071 | USDT0 (omnichain) | freeze and seize | stablescan.achivx.com/optimism/stablecoin/usdt0 |
Settlement volume
The scanner publishes no organic settlement figure for USDT0 alone; its per-coin volume is raw, and this site does not print raw volume. Organic figures exist only for all stablecoins on a network together: see organic settlement by network.
Links
- Stablecoin Scanner (ACHIVX): stablescan.achivx.com/optimism/stablecoin/usdt0
- ACHIVX Academy issuer page: achivx.com/academy/issuers/usdt0.html
How these figures are made
- Organic, not raw. Settlement figures are the scanner's organic figures, with round trips and bot churn removed. Raw settlement volume is not printed, and no field the scanner marks as overflowed is used.
- Coverage: 7 networks (Arbitrum, BNB Chain, Base, Ethereum, Optimism, Solana, Tron). Networks, coins and wallets the scanner does not cover have no figures here.
- Read at build time. Figures are read from the Stablecoin Scanner (ACHIVX) when this site is built, not live in your browser. Each row gives its window, the scanner's build date and the scanner page it comes from.
- Not a reserve or solvency claim. Exchange and bridge balances are on-chain reads of the wallets the scanner can attribute: a floor of their on-chain stablecoins, not their reserves or liabilities.
- Scanner methodology version:
stablscan-methodology-v0.6.0.
revain.org
Sources
- https://achivx.com/academy/issuers/usdt0.html
- https://assets.adgm.com/download/assets/AFRT+List+Feb+2026.pdf/c1b34426b88e11f0912ade26907f67ec
- https://docs.usdt0.to/
- https://docs.usdt0.to/technical-documentation/token-features/additional-behavior
- https://etherscan.io/address/0x6C96dE32CEa08842dcc4058c14d3aaAD7Fa41dee
- https://stablescan.achivx.com/arbitrum/freezes
- https://stablescan.achivx.com/arbitrum/stablecoin/usdt0
- https://stablescan.achivx.com/optimism/freezes
- https://stablescan.achivx.com/optimism/stablecoin/usdt0
- https://usdt0.to/terms
- https://www.esma.europa.eu/sites/default/files/2024-12/EMTWP.csv
- https://www.fsa.go.jp/menkyo/menkyoj/denshikessaisyudan.pdf
- https://www.hkma.gov.hk/eng/regulatory-resources/registers/register-of-licensed-stablecoin-issuers/