Tether’s $190 billion USDT stablecoin is coming back to the Bitcoin network
Utexo will provide APIs, SDKs and cloud tools as Tether brings USDT back to Bitcoin for private transfers, direct swaps and Bitcoin-backed loans.
- Tether's USDT is returning to the Bitcoin network this month via infrastructure project Utexo, with Tether CEO Paolo Ardoino proclaiming on X last week that the stablecoin is "coming home."
- Originally launched on Bitcoin in 2014 using the Omni protocol, USDT moved to Ethereum and Tron before Utexo's current RGB implementation, which utilizes Bitcoin's UTXOs for ownership records.
- Backed by $7.5 million in seed financing, Utexo will support three primary services: private USDT transfers, direct BTC swaps, and Bitcoin-backed loans, with more than 450 businesses expressing interest.
- Because RGB assets are tied to Bitcoin UTXOs, Utexo cannot freeze addresses like Tether does on Ethereum; instead, the project will maintain a blacklist of UTXOs associated with illicit activity.
- Once issuance goes live on Bitcoin, Utexo plans to extend to the Lightning network next month, while Tether holds around 100,000 BTC , reflecting the company's Bitcoin priority.
16 Articles
16 Articles
Tether’s USDT eyes Bitcoin return as Utexo plans October launch
Utexo has outlined an October launch for USDT on Bitcoin, with three planned services covering private transfers, direct BTC swaps, and Bitcoin-backed loans. Utexo has secured a commercial license to issue USDT on Bitcoin and use its trademark for distribution…
Tether’s $190 billion USDT stablecoin is coming back to the Bitcoin network
A Tether-backed project, Utexo, plans to support private USDT transfers, direct swaps between BTC and USDT, and loans backed by BTC, while keeping most transaction data off Bitcoin’s public ledger.
During this month of October, USDT has to make its return on Bitcoin, thanks to Utexo, an infrastructure supported by Tether and built around the RGB protocol. Thanks to this launch, confidential transfers, direct exchanges between BTC and USDT as well as loans guaranteed by native bitcoin will be possible, without the exposure of all operators on the public blockchain. The Tether article prepares the return of USDT on the Bitcoin network appear…
Tether News: USDT Returns to Bitcoin Through Utexo
Tether’s USDT is preparing to return to Bitcoin through Utexo after more than a decade away from the network. In a recent X post, Crypto Hawk reported that the integration will support private USDT transfers, direct BTC-USDT swaps, and BTC-backed loans. The rollout is planned for October 2026, according to Utexo co-founder Viktor Ihnatiuk and […] Read The Full Article Tether News: USDT Returns to Bitcoin Through Utexo On Coin Edition.
Tether brings USDT back to Bitcoin with the RGB protocol and the Utexo startup: private payments, less traceability and no closed release date. The USDT entry returns to Bitcoin via RGB: private payments and the Utexo project appears first on Merca2.
Tether’s $190 Billion USDT Stablecoin Is Coming Back to Bitcoin
Tether's USDT is set to return to Bitcoin this month through infrastructure provider Utexo, more than a decade after the stablecoin first launched on the network and later shifted most of its activity to Ethereum and Tron. Utexo co-founder Viktor Ihnatiuk said the company has obtained a commercial license to issue USDT on Bitcoin and use Tether's trademark while providing the infrastructure needed by exchanges, wallets and payment providers. The…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
