🔗 Tether is bringing USDT back to the Bitcoin blockchain via Utexo

Tether, the issuer of the USDT stablecoin, has announced plans to bring its token back to the Bitcoin blockchain this month through its new project, Utexo. This project will enable private transfers of USDT, direct swaps between Bitcoin and USDT, as well as Bitcoin-backed loans, while preserving the privacy of most transaction data.

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📊 Impact: 📈 High
🏷️ DEFI

#Tether #USDT #Bitcoin #Utexo #Stablecoin

📰 Source: coindesk.com