Tether's USDT stablecoin is returning to the Bitcoin network this month through Tether-backed infrastructure project Utexo, over a decade after its original 2014 debut there. Utexo will enable private USDT transfers, direct BTC-USDT swaps, and Bitcoin-collateralized loans using the RGB protocol to keep most transaction data off-chain while anchoring ownership to Bitcoin's UTXOs.
X users discuss stablecoins and blockchain payment infrastructure. Utexo raised $7.5M to build Bitcoin-native USDT settlement using Lightning and RGB, while traditional finance experiments with stablecoins like USDC for faster cross-border transfers, highlighting blockchain's potential for efficient financial settlement.