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, targeting exchanges, wallets, and payment providers. Utexo will blacklist illicit UTXOs instead of freezing them, maintaining privacy while preventing misuse. After launch, Utexo aims to extend USDT support to Bitcoin's Lightning Network, potentially using USDT as a fee token for faster, cheaper payments.
Following Utexo's plan to launch private USDT transfers on Bitcoin this month, USDT on Pluang trades at Rp17.859 with a slight 0.51% decrease over the past day as of Oct 02, 2026 18:21 WIB. The stablecoin maintains a substantial market cap of Rp3.298,25 trillion and a 24-hour trading volume of Rp1.539,35 trillion. Pluang users show a balanced interest with 59% buying and 41% selling, holding USDT typically for 89 days.
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...
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. ...
