Tether's USDT, the largest stablecoin by market cap, is returning to the Bitcoin network this month through Utexo, a Tether-backed project. Utexo will enable private USDT transfers, direct swaps between Bitcoin and USDT, and loans backed by Bitcoin, while keeping most transaction data off Bitcoin's public ledger using the RGB protocol and UTXO model. Unlike Ethereum or Tron, this approach enhances privacy and security by keeping transaction details off-chain. Utexo also plans to blacklist illicit UTXOs instead of freezing addresses and aims to expand USDT use to Bitcoin's Lightning Network for faster, cheaper payments in the future.
Tether's USDT is trading at Rp17.878 on Pluang as of Oct 02, 2026 15:41 WIB, showing a slight 1-day decline of 0.39%. Despite this small dip, USDT maintains a substantial market cap of Rp3.290,77 trillion and a high 24-hour trading volume of Rp1.529,78 trillion, indicating strong liquidity and active trading. The typical hold time of 89 days and a buy order activity of 59% suggest steady investor interest in USDT amid its return to the Bitcoin network.
Thailand's Bitkub exchange now supports Tether's USDT on the Aptos network, enabling users to deposit and withdraw USDT with fees around $0.0005 and near-instant transaction finality. This upgrade offers significant cost savings and efficiency compar...
Drift Foundation has started distributing DFX recovery tokens to users affected by the April 1, 2026, security breach that drained $295.4 million from its Solana-based protocol. Victims can claim one DFX token per dollar of verified loss until Januar...
Tether's excess reserves fell sharply by $4.12 billion, or 50.1%, to $4.11 billion in the second quarter, narrowing the buffer above its liabilities. Total assets stood at about $187.75 billion, with liabilities around $183.64 billion as of June 30. ...
After a $285 million hack on Drift Protocol linked to North Korean hackers in April 2026, Solana's DeFi total value locked (TVL) has recovered to over $6.5 billion, a 38% rise in two months. This recovery was driven by a $127.5 million recovery fund ...
Taiwan-based digital asset exchange MAX, operated by MaiCoin, will support Tether's USDT on the Aptos blockchain starting September 28 for deposits and withdrawals, with trading for HYPE, GRAM, Aptos (APT), and Render (RENDER) beginning September 30....
