In short

  • Utexo CEO discussed USDT on Bitcoin with Morgan Stanley during a dinner in Washington.

  • Tether CEO Paolo Ardoino responded that the stablecoin "returns home."

  • Utexo, backed by Tether, is building USDT payment rails on the Bitcoin and Lightning networks.

Read the original article: Why is Tether reissuing USDT on Bitcoin now? Morgan Stanley provides evidence by Phil Haunhorst at ar.beincrypto.com

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