A Tether-backed project, Utexo, plans to support private USDT transfers, direct swaps between BTC and USDT and loans backed by BTC, while keeping most transaction data off Bitcoin’s public ledger. Tether’s USDT, the world’s largest stablecoin, is expected to return to Bitcoin this month through infrastructure developed by the Tether-backed project Utexo. Utexo plans to support private USDT transfers, direct swaps between native bitcoin and USDT, and loans backed by native bitcoin, while keeping…
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