Tether’s USDT Eyes Bitcoin Return as Utexo Plans October Launch
Utexo has a commercial license to issue the stablecoin, and the project says it will support private transfers, direct swaps and lending.
- Tether-Backed infrastructure project Utexo expects to begin issuing USDT on the Bitcoin network this month, marking the stablecoin's return to the blockchain where it launched in 2014.
- Utexo, which raised $7.5 million in 2025, secured a commercial license to issue USDT on Bitcoin, a move Tether CEO Paolo Ardoino proclaimed last week as "coming home."
- The project employs the RGB protocol and client-side validation to keep transaction data off the public ledger, anchoring ownership in Bitcoin UTXOs to ensure greater confidentiality.
- Three primary use cases include private USDT transfers, direct swaps between native BTC and USDT without exchange routing, and lending using native bitcoin as collateral.
- Following the October launch, Utexo plans to extend to Lightning next month, while Tether holds around 100,000 BTC valued at $8.4 billion as of mid-August this year.
13 Articles
13 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.
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…
Tether's USDT is returning to Bitcoin this month via RGB and Utexo, 10 years after its Omni launch. Tron and Ethereum hold over 90% of the total supply.
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