Utexo Opens Utexo Mint Early Access for USDT on Bitcoin Ahead of November 28 Launch
By Juan Galt
AI summary of the source article
Utexo has opened early access to Utexo Mint, allowing professional operators to test minting and transfers of USDT on Bitcoin via RGB ahead of a November 28 launch. A second phase planned for Q1 2027 will extend support to Lightning Network.
Why it matters
According to the text, "The return of USDT creates an opportunity to bring dollar liquidity into the Bitcoin ecosystem, opening new markets for trading and BTC-backed lending."
Key facts
- Utexo opened early access to Utexo Mint ahead of a public launch scheduled for November 28.
- USDT on Bitcoin is launched by Utexo via RGB and backed by USDT through Tether's USDT0 protocol, not operated by Tether directly.
- A second phase planned for Q1 2027 aims to extend USDT to the Lightning Network for payments.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine Utexo Opens Utexo Mint Early Access for USDT on Bitcoin Ahead of November 28 Launch Utexo has opened Utexo Mint, letting verified professional operators test minting, confidential transfers, and redemption of USDT on Bitcoin via RGB ahead of the November 28 public launch. This post Utexo Opens Utexo Mint Early Access for USDT on Bitcoin Ahead of November 28 Launch first appeared o…