Tether’s $190 Billion USDT Stablecoin Is Coming Back to…
By Abdelaziz Fathi
AI summary of the source article
Tether is launching its USDT stablecoin on Bitcoin this month via infrastructure firm Utexo using the RGB protocol, which anchors assets to Bitcoin while keeping transaction data outside public blockchain history. Utexo secured a commercial license to issue USDT on Bitcoin and previously raised $7.5 million in a seed round co-led by Tether. Unlike contract-based freezes on Ethereum or Tron, Utexo will manage compliance by distributing a blacklist of illicit outputs to exchanges and service providers. The rollout targets private transfers, direct BTC swaps, and native lending, with planned future support for the Lightning Network.
Why it matters
The rollout provides Tether with a distribution model combining Bitcoin settlement with enhanced confidentiality, shifting compliance enforcement from on-chain smart contract freezes to ecosystem gateways and service providers.
Key facts
- Utexo obtained a commercial license to issue USDT on Bitcoin using the client-side validated RGB protocol.
- Tether co-led Utexo's $7.5 million seed round in March alongside Big Brain Holdings and Portal Ventures.
- Compliance enforcement will shift from on-chain freezes to distributing blacklists of flagged outputs to participating service providers.