If you're still writing off Bitcoin as a settlement layer for dollars, stop now.
That view has been expensive. Traders chased cheap $USDT transfers elsewhere, ate the bridge risk, and sat out native $BTC collateral markets that never quite existed.
Tether's $184B USDT is coming back to Bitcoin this month. Utexo, backed by Tether, secured a license and is rolling out Bitcoin-native USDT with private transfers, direct BTC/USDT swaps, and loans using native $BTC as collateral. For years the volume followed convenience. First $ETH, then Tron, because fees made everything else look like a luxury product.
Omni-era USDT started on Bitcoin and left because the experience was painful. Convenience beat the original chain every cycle. Now the issuer with the largest stablecoin on earth is trying to reverse that and turn Bitcoin into an actual dollar rail instead of a spectator.
Where do you think volume actually goes if this one sticks?
#Bitcoin #USDT #Tether
That view has been expensive. Traders chased cheap $USDT transfers elsewhere, ate the bridge risk, and sat out native $BTC collateral markets that never quite existed.
Tether's $184B USDT is coming back to Bitcoin this month. Utexo, backed by Tether, secured a license and is rolling out Bitcoin-native USDT with private transfers, direct BTC/USDT swaps, and loans using native $BTC as collateral. For years the volume followed convenience. First $ETH, then Tron, because fees made everything else look like a luxury product.
Omni-era USDT started on Bitcoin and left because the experience was painful. Convenience beat the original chain every cycle. Now the issuer with the largest stablecoin on earth is trying to reverse that and turn Bitcoin into an actual dollar rail instead of a spectator.
Where do you think volume actually goes if this one sticks?
#Bitcoin #USDT #Tether
