Coinbase Bridge vs USDT0

Compare Coinbase Bridge and USDT0 on TVL, fees, revenue and activity to understand how these projects stack up.

$7.874B
cbBTC is Coinbase’s wrapped Bitcoin launched on Base and Ethereum to simplify DeFi access for exchange users. Custody is handled by Coinbase Prime with a daily on‑chain proof‑of‑reserve attestation signed by Deloitte. cbBTC is fungible 1:1 with native BTC and charges zero conversion fees during promotional periods.
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$3.165B
USDT0 is the wrapped form of Tether issued by the cross‑chain router LayerZero to enable omnichain fungibility between Ethereum, Arbitrum, Optimism and BSC. The 0‑suffix indicates that redemptions are only possible through the canonical bridge rather than via Tether Treasury. The token carries a 0.1 % mint fee that is burned to offset bridge security costs.
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Key Metrics Comparison

Coinbase Bridge
TVL
$7.874B
24h Volume
N/A
24h Fees
N/A
24h Revenue
N/A
30d Fees
N/A
30d Revenue
N/A
7d TVL Change
N/A
Dominance
2.83%
USDT0
TVL
$3.165B
24h Volume
N/A
24h Fees
N/A
24h Revenue
N/A
30d Fees
N/A
30d Revenue
N/A
7d TVL Change
-2.82%
Dominance
1.14%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Coinbase Bridge
71.3%
USDT0
28.7%

Volume Share

Share of combined 24h volume

Volume Share
Coinbase Bridge
1.0%
USDT0
1.0%

Fees Share

Share of combined 24h fees

Fees Share
Coinbase Bridge
1.0%
USDT0
1.0%

Revenue Share

Share of combined 24h revenue

Revenue Share
Coinbase Bridge
1.0%
USDT0
1.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Coinbase Bridge
N/A
USDT0
-2.82%

Dominance

Market dominance by TVL

Dominance
Coinbase Bridge
2.8%
USDT0
1.1%
TVL Comparison
Coinbase Bridge
USDT0