✉news BusinessCrypto first seen 14 h ago, last 12 h ago, peak #27
USDT Returns to Bitcoin Via Utexo in Tether Move
Original: Tether News: USDT Returns to Bitcoin Through Utexo
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.
Why now: USDT's scale makes any re-entry into the Bitcoin ecosystem notable for crypto markets.
Rank over time, top of the chart is #1. 2 snapshots from 14 h ago to 12 h ago.
Evidence
- Tether News: USDT Returns to Bitcoin Through Utexo · CryptoRank
API: https://socialmediatrends-api.osmike.com/v1/trends/835264