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Tether Introduces USDT on Bitcoin, Leveraging RGB Protocol

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by Giorgi Kostiuk

6 hours ago

Tether announced the launch of USDT on the Bitcoin network using the RGB protocol, which could significantly change the cryptocurrency market.

Launch of USDT on Bitcoin

Tether has officially launched USDT on the Bitcoin network, marking an important event for the world’s largest stablecoin. This was made possible through the RGB protocol, which enables private and scalable transactions directly on Bitcoin.

Market Impact

The launch of USDT on Bitcoin may alter existing dynamics on platforms like Ethereum and TRON, which previously hosted USDT. The potential of this launch lies in eliminating cross-chain friction, which can improve BTC's liquidity and settlement speed.

Expectations and Consequences

While no specific financial shifts have been reported, observers anticipate increased capital flow into Bitcoin and changes in how USDT is used across various networks. This could also strengthen Bitcoin’s potential in DeFi.

The launch of USDT on Bitcoin may reshape the market ecosystem, affecting liquidity and opening new opportunities for other blockchain projects.

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