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Tether Brings USDT Back to Bitcoin
@tether is set to bring $USDT back to Bitcoin this month through Utexo, more than a decade after launching the stablecoin on Bitcoin via Omni.
The RGB-based implementation will support private USDT transfers, direct BTC-USDT swaps and loans collateralized by native Bitcoin, with transaction details kept largely off Bitcoin’s public ledger.
Utexo, which raised $7.5 million in a Tether-backed funding round, plans to add Lightning Network support later.
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