VictoriaPark
DeFi··1 min read

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

Tether's USDT is set to return to Bitcoin this month after a decade since its initial launch on the network. A Tether-backed project, Utexo, plans to facilitate private USDT transfers, direct swaps between BTC and USDT, and BTC-backed loans while keeping most transaction data off Bitcoin’s public ledger.

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

Tether's USDT is set to return to Bitcoin this month after a decade since its initial launch on the network. A Tether-backed project, Utexo, plans to facilitate private USDT transfers, direct swaps between BTC and USDT, and BTC-backed loans while keeping most transaction data off Bitcoin’s public ledger.

Sources

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

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