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Bitcoin & Crypto DEVELOPING

Tether's USDT is 'coming home' to Bitcoin this month over a decade after debut there

First reported Source: CoinDeskLast editorial activity
A detailed image showcasing a stack of Bitcoin cryptocurrency coins on a black background.
Illustrative photo.Photo by DS stories on Pexels

What happened

A Tether-backed project, Utexo, plans to support private USDT (Tether’s dollar-pegged token) transfers, direct swaps between BTC and USDT and loans backed by BTC, while keeping most transaction data off Bitcoin’s public ledger.

Sources & evidence

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