Svmuu News Tether is preparing to launch USDT natively on the Bitcoin network based on the RGB v0.11.1 protocol, with UTEXO responsible for its commercial issuance and distribution. This marks USDT’s return to the Bitcoin mainnet after many years, following its initial launch on Bitcoin via the Omni protocol in 2014.
UTEXO co-founder Viktor Ihnatiuk stated that the company has secured support from Tether and will be responsible for driving the implementation of native USDT on Bitcoin.According to the official announcement, the RGB protocol employs client-side verification combined with the Lightning Network, enabling instant, low-cost, and private USDT transactions while inheriting the security model of Bitcoin UTXO. In the future, users will be able to hold USDT directly via native Bitcoin addresses and send and receive it using RGB-compatible Lightning Network wallets.
Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
USDT will return to the Bitcoin network, and UTEXO will be natively issued via the RGB protocol
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report
24H Trending
-
1
What is BITCNY? Where can I buy and sell BITCNY?
-
2
What are some reputable cryptocurrency exchanges commonly used for trading?
-
3
Svmuu Evening Brief
-
4
Analyst: Strategy sold 3,588 BTC last week, resulting in a loss of $55.45 million
-
5
Tom Lee: The rising ETH/BTC ratio indicates growing expectations of improved fundamentals for Ethereum
-
6
Michael Saylor: Strategy currently holds approximately $2.55 billion in cash reserves
-
7
Strategy sold 3,588 BTC last week, worth over $220 million.
-
8
Myanmar’s Industrial-Scale AI-Powered Phone Scam Operation Exposed: Starlink Serves as Critical Infrastructure; Crypto Payments and OpenAI/Google Models Integrated into the Toolchain
-
9
Strive Reports That Its Bitcoin Holdings Have Increased to 19,882 Coins, with a 24% Return in the Second Quarter
-
10
Maji posted a screenshot Ethereum showing he’s holding 11,100 ETH in long positions: he’s ready to make it all back in one go.
Recommended Reading




