Utexo

Tether is planning to bring USDT back to the Bitcoin network through Utexo, according to a report by Altcoin Buzz. The move would reintroduce the world's largest stablecoin to Bitcoin's ecosystem, a space it largely left as fees and scalability issues pushed issuance toward other chains. Details on timing and how Utexo will enable the issuance remain undisclosed.

Tether-backed Utexo plans to launch USDT on Bitcoin this month using the RGB protocol, allowing private transfers, direct BTC-USDT swaps and BTC-backed lending without wrapped Bitcoin. Lightning Network support is also planned. The move would bring stablecoin functionality natively to Bitcoin, a development closely watched by crypto users discussing scalability and privacy trade-offs.

Tether's USDT stablecoin is returning to the Bitcoin network through Utexo, according to a report from CryptoRank. The move puts the dollar-pegged token back in the Bitcoin ecosystem, a space it has largely ceded to other layer networks in recent years. Details on Utexo's role and the technical setup were not provided, and Tether has not yet commented further.