Tether's USDT is 'coming home' to Bitcoin after more than a decade

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
Tether's USDT is 'coming home' to Bitcoin after more than a decadeWorldPing
Image via CoinDesk.

What happened

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.

Key facts

  • Reported by CoinDesk and published Fri, 02 Oct 2026 08:28:19 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Tether's USDT is 'coming home' to Bitcoin after more than a decade

  2. US Midterms: Stand With Crypto Backs Bipartisan Slate After Senate Bill Fails

  3. Bitcoin’s $85,000 sell wall is gone and traders are now betting on $100,000

  4. IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project

  5. Bitcoin Pays No Coupon: Saylor Details Where Strategy Gets the Dollars

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

Follow the story

Living hubs that keep updating as this story develops.

Related WorldPing coverage

IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin ProjectWorldPing
Bitcoin Magazine

IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project

Bitcoin Magazine IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project The International Monetary Fund approved a $139 million disbursement to El Salvador but still wants it to scale back its Bitcoin project.

Brief by WorldPing · Original reporting by Bitcoin Magazine