USDT to Return to Bitcoin Network, UTXO to Native Issue Bitcoin-based USDT via RGB Protocol

BlockBeats News, July 7th, Tether is preparing to issue USDT on the Bitcoin network natively based on the RGB v0.11.1 protocol, with UTEXO responsible for the commercial issuance and distribution. This will be the first time USDT has returned to the Bitcoin main chain since its launch via the Omni protocol in 2014. UTEXO co-founder Viktor Ihnatiuk stated that the company has received support from Tether and is responsible for promoting the landing of Bitcoin-native USDT.

The RGB protocol adopts Client-side Validation and integrates with the Lightning Network, enabling instant, low-cost, private transactions for USDT while inheriting the Bitcoin UTXO security model. In the future, users will be able to hold USDT directly through a native Bitcoin address and use Lightning Network wallets that support RGB to complete transactions, without relying on other blockchains or intermediaries.

Compared to the current USDT circulation primarily on account-based networks such as TRON and Ethereum, RGB utilizes the UTXO model to naturally support single-use addresses and combines them with the Lightning Network for off-chain payments, effectively enhancing transaction privacy. Additionally, UTEXO's deep integration with Tether reduces intermediary fees and data collection. Users can also convert USDT across different blockchains at a low cost using UTEXO's already deployed cross-chain bridges.