Mantle Bridged USDT (Mantle) is a stablecoin designed to facilitate the seamless transfer of Tether (USDT) between the Ethereum Mainnet and the Mantle Mainnet, which functions as a Layer 2 scaling solution for the Ethereum blockchain. ^[1]

Overview

Mantle Bridged USDT (Mantle) represents a crucial component of the Mantle Network, a Layer 2 scaling solution built on Ethereum. The primary purpose of this bridged token is to enable users to move their Tether (USDT) assets from Ethereum Mainnet to Mantle Mainnet. By doing so, it allows for faster and cheaper transactions, which are essential for the growth and adoption of decentralized applications (dApps) and decentralized finance (DeFi) protocols within the Mantle ecosystem. ^[1]

Use Cases

The primary use case for Mantle Bridged USDT is to facilitate efficient and cost-effective value transfer within the Mantle ecosystem. By bridging USDT from Ethereum, users can engage in various decentralized finance (DeFi) activities, such as trading, lending, and yield farming, with reduced transaction fees and faster confirmation times characteristic of a Layer 2 network. Beyond general utility within the Mantle Network, Mantle Bridged USDT also serves as a mechanism for users to potentially qualify for MNT token bonuses. This incentive encourages the adoption and usage of the bridged stablecoin, further integrating it into the broader Mantle economy and rewarding active participants. ^[1]

Trading Platforms

Mantle Bridged USDT (Mantle) tokens are actively traded across a variety of decentralized exchanges (DEXs) operating on the Mantle Network. These platforms provide liquidity and enable users to exchange USDT with other cryptocurrencies and stablecoins available within the ecosystem. ^[1]

• Merchant Moe Liquidity Book (Mantle): This exchange is a primary venue for trading Mantle Bridged USDT, featuring significant trading volumes across pairs such as USDE/USDT, USDC/USDT, WETH/USDT, and WMNT/USDT.
• Agni Finance: Another prominent DEX where users can trade Mantle Bridged USDT, with active pairs including USDE/USDT and USDC/USDT.
• Cleopatra Exchange: Offers trading opportunities for Mantle Bridged USDT, notably with the USDC/USDT pair.
• FusionX V3: Supports trading of Mantle Bridged USDT against Wrapped Ethereum (WETH).
• Methlab (Mantle): Provides a market for Mantle Bridged USDT, including the METH/USDT trading pair.
• Merchant Moe: Also lists USDC/USDT trading pair for Mantle Bridged USDT. ^[1]