Utexo plans to introduce at least $1 billion of Tether (USDT) on the Bitcoin network within a year using a new lock-and-mint bridge model that locks USDT on Arbitrum to back Bitcoin-based tokens one-for-one. This approach, tested on Bitcoin Signet, differs from Tether's previous Omni Layer issuance and uses the RGB system for contract validation. Utexo is working with multiple OTC partners and will launch publicly through wallets and exchanges on November 28, with Lightning Network support expected by early 2027. This move could expand USDT's presence on Bitcoin, offering a bridged stablecoin option amid declining Omni Layer use.
Utexo's plan to launch $1 billion of Bitcoin-based USDT within 12 months provides context for cryptocurrency market activity. For readers following the broader crypto market, here is Pluang's snapshot as of Oct 30, 2026 00:31 WIB: out of 50 major cryptocurrencies priced on Pluang, 38 rose and 11 fell today. Notable movers include SNX at Rp3.692 with a 1-day change of +2.38% and 100% sell order activity, SUSHI at Rp3.793 with +2.30% and 100% buy order activity, and FTM at Rp11.382 with a -2.05% change and a typical hold time of 88 days.
SAP, a global enterprise software leader, will merge its North Texas operations into a new office in Addison, Texas, relocating about 1,000 employees from Plano and Allen. The new Spectrum Center location will house business operations, software deve...
Ipsos has appointed Mitch Barns as Chairman and CEO for the Americas region, effective November 2, 2026. Barns brings extensive leadership experience from his previous roles as Global CEO of Nielsen and CEO of The Opus Group, positioning him to drive...
Alphabet Inc. reported a significant slowdown in Google Search revenue growth to 12% year-over-year in Q3, raising concerns about its market dominance and user engagement as third-party AI platforms increasingly handle search queries. While Google Cl...
Alkermes is projected to report 18% year-over-year revenue growth in 3Q26, reaching $465.1 million, driven by strong commercial momentum of LUMRYZ and a promising neuroscience drug pipeline. However, adjusted earnings per share (EPS) are expected to ...
Alphabet's introduction of AI features in Google Search has led to a surge in query growth but with lower monetization compared to traditional ad-supported searches. This shift worries analysts as Google's dominant search ad revenue, which has driven...
