Utexo Bets on Privacy to Bring USDT Back to Bitcoin
TLDR Dubai-based startup Utexo plans to relaunch Tether’s USDT on Bitcoin using the RGB protocol, with a public launch set for November 28. Lightning Network support is expected in the first quarter of 2027. The project faces a market where roughly $300 billion in stablecoins already sits on Ethereum, Tron and other networks. Bridge risk […]
Key Takeaways
- TLDR Dubai-based startup Utexo plans to relaunch Tether’s USDT on Bitcoin using the RGB protocol, with a public launch set for November 28.
- Lightning Network support is expected in the first quarter of 2027.
- The project faces a market where roughly $300 billion in stablecoins already sits on Ethereum, Tron and other networks.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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