October 2nd 2026, 8:28 AM
Tether's USDT Returns to Bitcoin Roots
Key Summary
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.
Please see our real time news feed on our Home Page
Tether's USDT Returns to Bitcoin Roots
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.Background
Tether, the largest stablecoin issuer, has been closely tied to Bitcoin for over a decade.Utexo's plans could mark a shift back to Bitcoin for USDT, potentially impacting market stability and regulatory scrutiny.
#Bitcoin#Tether#USDT#Crypto#RegulatoryScrutiny