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Altcoins & DeFi

Stellar USDT0 Volume Surpasses $500M as XLM Price Eyes Key Breakout

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Stellar has surpassed $500 million in cumulative USDT0 transaction volume, highlighting growing stablecoin activity across its blockchain network. The milestone adds momentum to the ecosystem as Stellar Lumens (XLM) attempts to recover from an extended downtrend. Meanwhile, crypto analyst Crypto With Gopal has identified a potential double-bottom formation on the XLM price chart. Buyers are defending the $0.15–$0.16 support zone, while a breakout above $0.24 could strengthen the bullish reversal outlook. According to Stellar, USDT0 has recorded more than $500 million in total transaction volume on its network. The milestone highlights increasing stablecoin activity and the growing use of Stellar’s infrastructure for digital payments. USDT0 leverages LayerZero’s Omnichain Fungible Token (OFT) standard for linking liquidity of USDT across various blockchain networks.

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