Utexo Launches Early Access for USDT Cross-Chain on the Bitcoin Network

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Utexo, backed by Tether, has launched early access to Utexo Mint for USDT cross-chain on the Bitcoin network. Professional operators can now test minting, private transfers, and redemption on Bitcoin Signet. The official launch is scheduled for November 28. Tools for managing cross-network liquidity and fiat-to-USDT conversions will also be available. This on-chain update follows Utexo’s earlier announcement to issue USDT on Bitcoin, supporting private transfers and BTC exchanges. The Bitcoin news underscores the project’s effort to expand USDT’s utility on the Bitcoin layer.

According to Huoxing Finance, Utexo, supported by Tether, has now opened early access to Utexo Mint, allowing professional operators to test the cross-chain version of USDT on the Bitcoin Signet (Bitcoin testnet), with an official launch date set for November 28. Within the Bitcoin Signet sandbox environment, operators can test minting, private transfers, and redemption functionalities. Utexo will also provide tools to manage cross-network liquidity and enable fiat-to-Utexo cross-chain USDT conversions. Previously, it was announced that Utexo, supported by Tether, plans to launch USDT on the Bitcoin network this month, supporting private transfers and direct BTC exchanges.

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