Is USDT Returning to the Bitcoin Blockchain? Utexo Sets the Date for November 28
Many people don’t know that USDT was first issued on Bitcoin back in 2014. More than a decade later, it’s set to “come home” in a different way.
In an official blog post dated October 22, Utexo said:
1. Utexo Mint is now open, allowing professional organizations such as exchanges, wallets, market makers, and OTC firms to test minting, transferring, and redeeming on Bitcoin’s Signet testnet;
2. It will launch publicly on November 28, through partner wallets and exchanges;
3. The second phase is planned to expand to the Lightning Network in Q1 2027.
One key point not to miss: this is “Utexo’s bridged version of USDT”—that’s exactly how the blog describes it—not a new version issued directly on Bitcoin by Tether. Tether announced plans in August 2025 to launch USDT on RGB; this time, Utexo is making that path a reality.
What is RGB? Put simply, it’s a protocol for issuing and transferring assets on Bitcoin. Asset data is stored mainly off-chain and verified by the sender and recipient themselves, while only commitment records are left on the Bitcoin blockchain. That’s why the official pitch emphasizes “privacy by design”: transfer details aren’t publicly exposed, while it claims to support selective disclosure to regulators.
What can ordinary users do now?
1. Before November 28, treat any direct messages about “claiming Bitcoin-based USDT early” or “closed beta airdrops” as scams;
2. After launch, first check whether your wallet or exchange has officially announced support. If not, don’t deposit anything;
3. Bridged assets carry the additional risk of the bridge, so start with a small amount.
Stablecoins returning to Bitcoin sounds exciting, but whether they’ll be useful in practice depends on institutional support and liquidity. Watch and wait—there’s no need to rush.
#USDT #比特币 #RGB #稳定币 $BTC
Many people don’t know that USDT was first issued on Bitcoin back in 2014. More than a decade later, it’s set to “come home” in a different way.
In an official blog post dated October 22, Utexo said:
1. Utexo Mint is now open, allowing professional organizations such as exchanges, wallets, market makers, and OTC firms to test minting, transferring, and redeeming on Bitcoin’s Signet testnet;
2. It will launch publicly on November 28, through partner wallets and exchanges;
3. The second phase is planned to expand to the Lightning Network in Q1 2027.
One key point not to miss: this is “Utexo’s bridged version of USDT”—that’s exactly how the blog describes it—not a new version issued directly on Bitcoin by Tether. Tether announced plans in August 2025 to launch USDT on RGB; this time, Utexo is making that path a reality.
What is RGB? Put simply, it’s a protocol for issuing and transferring assets on Bitcoin. Asset data is stored mainly off-chain and verified by the sender and recipient themselves, while only commitment records are left on the Bitcoin blockchain. That’s why the official pitch emphasizes “privacy by design”: transfer details aren’t publicly exposed, while it claims to support selective disclosure to regulators.
What can ordinary users do now?
1. Before November 28, treat any direct messages about “claiming Bitcoin-based USDT early” or “closed beta airdrops” as scams;
2. After launch, first check whether your wallet or exchange has officially announced support. If not, don’t deposit anything;
3. Bridged assets carry the additional risk of the bridge, so start with a small amount.
Stablecoins returning to Bitcoin sounds exciting, but whether they’ll be useful in practice depends on institutional support and liquidity. Watch and wait—there’s no need to rush.
#USDT #比特币 #RGB #稳定币 $BTC
