Morgan Stanley explores USDT adoption on Bitcoin network
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Tether and Circle bring their stables closer to the Bitcoin ecosystem. An evolution that could broaden the uses of the network, but also give more weight to these centralized actors in case of future fork. L-article USDT and USDC arrive on Bitcoin: what risks for the network? appeared first on Cryptoast.
Tether CEO Paolo Ardoino Says USDT Is “Coming Home” to Bitcoin
Tether CEO Paolo Ardoino says USDT is “coming home” to Bitcoin, highlighting an effort to bring the world’s largest stablecoin back to the blockchain on which it was originally launched more than a decade ago. “USDT on Bitcoin. It’s coming home,” Ardoino wrote on X on September 24, responding to Utexo co-founder Viktor Ihnatiuk. Ihnatiuk said he had spent an evening in Washington discussing USDT on Bitcoin with representatives of Morgan Stanley …
Tether Takes USDT to Bitcoin as Morgan Stanley Talks Emerge
Tether plans to issue USDT natively on Bitcoin through RGB. RGB uses Bitcoin for commitments while keeping contract data off-chain. Morgan Stanley personnel reportedly discussed the infrastructure, but no bank rollout has been announced. Tether CEO Paolo Ardoino has put Bitcoin back at the center of USDT’s expansion strategy, saying the world’s largest stablecoin is “coming home” as institutional discussions emerge around its Bitcoin-native infr…
In July, we learned that the USDT was going to return to Bitcoin thanks to the RGB protocol. Tether was relying on UTEXO to issue it natively on the network, with the idea of then integrating it into Wallets and exchange platforms. The announcement was mainly about a close launch, with transfers more private and less expensive than on Tron, notably [...] The soon-to-be-return article L的USDT on Bitcoin (continued) appeared first on bitcoin.fr.
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Cryptocurrency News | Cryptocurrency Prices | Market CapMorgan Stanley explores USDT adoption on Bitcoin network
Institutional interest in integrating stablecoins with Bitcoin could reshape crypto settlements and influence Bitcoin's market dynamics.
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