Tether USD (Wormhole) (USDTSO)
Key data
updated $0Tether USD (Wormhole), or USDTSO, is a version of the popular USDT stablecoin that has been transferred to the Solana blockchain through the Wormhole bridge. In simple terms, it's the same dollar-pegged Tether token, just wrapped so it can move across chains. The idea is to let USDT liquidity flow between networks that don't natively host it.
Frequently asked questions
What is USDTSO and how is it different from regular USDT?
USDTSO is USDT that has been bridged to Solana via Wormhole rather than issued natively on that chain. Regular USDT exists on many blockchains directly from Tether, while USDTSO is a wrapped representation backed by the original tokens locked on the source chain. Functionally it aims to hold the same dollar value, but it carries additional bridge-related risk.
How does the Wormhole bridge technology work?
Wormhole uses a network of validators called Guardians that watch for token transfers on one chain and verify them before releasing the equivalent wrapped tokens on another. When you bridge USDT, the original tokens get locked and USDTSO is minted on the destination chain. Burning USDTSO unlocks the original tokens back on the source network.
How is the supply of USDTSO managed?
Unlike native USDT, which Tether issues and redeems directly, USDTSO is minted only when someone locks USDT through the Wormhole bridge. Its supply grows and shrinks with bridge activity rather than with Tether's own issuance decisions. This means the token is only as good as the underlying locked collateral and the bridge's security.
How can you store and use USDTSO?
Since USDTSO lives on Solana, you need a Solana-compatible wallet like Phantom or Solflare to hold it. You can use it in Solana DeFi apps for trading, lending, or providing liquidity, just like any other SPL token. Keep in mind that bridged assets are best swapped or redeemed when you're done, as holding them long-term exposes you to bridge risk.