Tether's stablecoin USDT is launching on the Bitcoin network this month through Utexo, a startup licensed to deploy it using the RGB protocol for transaction privacy. This move marks USDT's return to Bitcoin after originally debuting there in 2014 before shifting mainly to Ethereum and Tron. Utexo's platform enables confidential USDT transactions, peer-to-peer BTC-USDT swaps, and bitcoin-backed lending without converting BTC to tokens. Future plans include integrating Lightning Network for faster payments, aiming to enhance privacy and usability of USDT on Bitcoin.
Tether's USDT stablecoin holds a market cap of Rp3.300,86 trillion on Pluang as of Oct 02, 2026, 21:23 WIB, with a price of Rp17.861 and a 1-day change of -0.51%. This stablecoin's return to the Bitcoin network aligns with its strong trading presence, where typical hold time on Pluang is 89 days and buying activity slightly outweighs selling at 59% to 41%.
Tether-backed stablecoin USDT is relaunching on the Bitcoin blockchain after 12 years through Utexo, combining Bitcoin's security with Lightning Network speed and RGB privacy. This move aims to make Bitcoin a settlement rail for dollar transactions, ...
Utexo, backed by Tether, has obtained a commercial license to issue USDT on the Bitcoin network and plans to launch this month. The platform uses RGB technology to enable private USDT transfers and direct BTC-USDT swaps without wrapping Bitcoin, targ...
Drift Foundation has launched claims for DFX tokens to compensate users who lost over $290 million in an April 1 hack. Each lost USDT entitles the user to one DFX token, initially redeemable at about one cent per dollar lost. The recovery pool, start...
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, ...
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...
