Tether’s $190 billion USDT stablecoin is coming back to the Bitcoin network

Tether’s $190 billion USDT stablecoin is coming back to the Bitcoin network

A Tether-backed project, Utexo, plans to support private USDT transfers, direct swaps between BTC and USDT, and loans backed by BTC, while keeping most transaction data off Bitcoin’s public ledger.

Tether prepares to issue USDT on Bitcoin using RGB

Tether is preparing USDT issuance on Bitcoin via the RGB protocol, possibly in October. Here is what USDT on Bitcoin means for BTC liquidity.

Biggest USD Stablecoin Returns to Bitcoin After 12 Years: Main Crypto News This Morning

Key crypto market updates of the October 2 morning: BTC hits $86,600 after Jobs report, USDT launches on Bitcoin, and SEC/CFTC draft joint rules.

Utexo Plans to Launch Private USDT Transfers on Bitcoin This Month

TLDR: Utexo has obtained a commercial license to issue USDT on Bitcoin and plans to launch this month RGB’s client-side validation keeps most USDT transaction details off Bitcoin’s public ledger.  Utexo will blacklist UTXOs tied to illicit activity, making them unredeemable instead of freezing them.  Utexo plans to extend USDT support to the Lightning Network, [...]

Tether brings USDT back to Bitcoin with private transfers and swaps

Tether's USDT return to Bitcoin could reduce reliance on wrapped tokens, enhancing privacy and potentially reshaping crypto financial services.