Utexo has started testing the minting, transfer, and redemption of Tether USDt (USDT) on Bitcoin's Signet test network, targeting exchanges, wallet providers, and market makers. The tests use the RGB protocol, which keeps transaction details confidential while allowing regulatory compliance. Utexo plans a public launch on November 28 through partner wallets and exchanges, with Lightning Network support for near-instant payments expected in early 2027. This development is part of Utexo's broader effort to integrate Bitcoin, Lightning, and RGB for payment infrastructure, backed by a $7.5 million seed round co-led by Tether.
USDT is currently priced at Rp18.031 on Pluang, showing a modest 0.19% increase as of Oct 24, 2026 02:41 WIB. The stablecoin holds a significant market cap of Rp3.300,13 trillion on the platform. Pluang users display a buying preference with 61% buy orders compared to 39% sell orders, holding USDT for an average of 92 days.
US Senator Richard Blumenthal has requested detailed records from Tether on over $6 million in payments to Nxum, a firm co-founded by Bo Hines, a former White House official involved in stablecoin legislation. The payments coincided with Hines lobbyi...
In the latest 24-hour crypto fund flow data, Bitcoin (BTC) experienced a net outflow of $43.60 million, with $1.87 billion inflows and $1.92 billion outflows. Ethereum (ETH) led net inflows, attracting $77.08 million with $1.02 billion inflows agains...
Senator Richard Blumenthal has requested detailed records from Tether and Nxum, a consulting firm co-founded by former White House crypto official Bo Hines, regarding millions of dollars paid by Tether to Nxum while Hines worked on stablecoin policy....
Senator Richard Blumenthal is investigating payments made by Tether to Nxum, a consulting firm co-founded by Bo Hines, a former White House crypto adviser now leading Tether's U.S. operations. The probe focuses on potential ethical and legal issues s...
Bitcoin experienced the largest outflow among cryptocurrencies with $403.44 million leaving, while tokens such as SOXLB and Ethereum saw notable inflows of $7.23 million and $5.17 million respectively. Funds also flowed into the crypto market from va...
