Tether to relaunch USDT on Bitcoin with private transfers and swaps
Image: Crypto BriefingTether is set to relaunch its USDT stablecoin on the Bitcoin network via licensed infrastructure project Utexo. The mainnet launch is planned for October 2026, with Lightning Network support to follow later. Built on the RGB protocol and Bitcoin's UTXO model, the platform will support private USDT transfers, direct BTC-USDT swaps, and Bitcoin-backed loans without wrapping BTC. Utexo raised $7.5 million in early 2026 after its 2025 founding.
Key points
- Utexo uses the RGB protocol and Bitcoin's UTXO model for its USDT infrastructure.
- The platform supports private USDT transfers, direct BTC-USDT swaps, and Bitcoin-backed loans.
Why it matters
The relaunch lets users access USDT natively on Bitcoin without wrapped tokens or intermediaries for swaps and loans. It also expands USDT's availability across Bitcoin's ecosystem including the Lightning Network.
Price context · USDT
At publication
$0.9998
Now
$0.9998
Change since
+0.00%
7 days · dashed line = publication
Sources · 3 publishers
Blockonomi
Tier 3
Utexo Plans to Launch Private USDT Transfers on Bitcoin This Month
CoinGape
Tier 2
Tether Brings USDT to Bitcoin With Private Transfers and Direct Swaps
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Blockonomi
- CryptoVideos brief published
- 1 more publisher added to sources
How this brief was made. Our system found this event in 3 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error