Tether’s $190 billion USDT stablecoin is coming back to the Bitcoin network
8 Articles
8 Articles
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.
Utexo Plans to Launch Private USDT Transfers on Bitcoin This Month
TLDR: Utexo has obtained a commercial license to issue USDT on Bitcoin and plans to launch this month RGB’s client-side validation keeps most USDT transaction details off Bitcoin’s public ledger. Utexo will blacklist UTXOs tied to illicit activity, making them unredeemable instead of freezing them. Utexo plans to extend USDT support to the Lightning Network, [...]
A Tether-backed project called Utexo aims to implement private transfer services,...
The network that gave birth to stablecoin today becomes home again for USDT. Utexo, an infrastructure project supported by Tether, will launch USDT this month on the Bitcoin network, offering the world's largest stablecoin a native base specially designed for Bitcoin after over a decade of dependence on Ethereum and Tron. [...]
Project Utexo will issue USDT on Bitcoin network this month, using RGB protocol focused on privacy and expansion plans for Lightning
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