PANews, July 7: According to Bitcoin Magazine, Tether plans to natively issue USDT on Bitcoin via RGB Protocol version 0.11.1, with deployment led by UTEXO. The RGB Protocol combines its client-side validation mechanism with the Lightning Network to enable instant, private settlements while anchoring security to Bitcoin’s UTXO model. Users will be able to handle USDT using native Bitcoin addresses and send or receive USDT via the Lightning Network using compatible wallets. The product is expected to launch within the coming weeks, possibly in July.
Tether to Natively Issue USDT on Bitcoin via the RGB Protocol
PANewsShare
Summary
Tether will natively issue USDT on Bitcoin via the RGB protocol version 0.11.1, according to Bitcoin News. UTEXO is leading the deployment, using the RGB protocol to integrate client-side validation with the Lightning Network, enabling instant and private settlements anchored to Bitcoin’s UTXO model. Users can manage USDT through native Bitcoin addresses or compatible wallets. The product is expected to launch in July. The protocol update aims to enhance Bitcoin’s utility for stablecoin transactions.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.