Bitcoin was home to Tether’s USDT when it launched in 2014. Now it’s returning to the OG blockchain via Utexo, with private transfers, native BTC/USDT swaps and a different architecture for freezing illicit funds than on Ethereum or Tron.
“Tether has always been a Bitcoin company,” Ihnatiuk told CoinDesk.
“I can’t speak for Tether directly, but my personal observation is that Bitcoin is a big priority for them, and it’s our job to make USDT as accessible on Bitcoin as it is everywhere else."
coindesk.com/tech/2026/09/2…
“Tether has always been a Bitcoin company,” Ihnatiuk told CoinDesk.
“I can’t speak for Tether directly, but my personal observation is that Bitcoin is a big priority for them, and it’s our job to make USDT as accessible on Bitcoin as it is everywhere else."
coindesk.com/tech/2026/09/2…
www.coindesk.com Tether’s $190 billion USDT stablecoin is coming back to the Bitcoin network this month 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. 
