Tether, the largest stablecoin issuer in the cryptocurrency industry, has announced an important step in enhancing its services by introducing USDT support on the Bitcoin network through the RGB protocol.
USDT Support on the Bitcoin Network
Tether officially announced that it will be implementing USDT support on the Bitcoin network. This will allow users to make local USDT transfers directly to Bitcoin wallets.
The RGB Protocol and Its Capabilities
The launch of USDT on RGB, a new second layer built on Bitcoin, will enable native USDT transfers to a Bitcoin wallet. Users will be able to hold USDT alongside their Bitcoin in the same wallet and transfer it directly.
Statement from Tether's CEO
Tether CEO Paolo Ardoino stated, "Bitcoin deserves a stablecoin that feels truly native, lightweight, private, and scalable. Launching USDT on RGB is a significant step toward integrating stablecoins into the Bitcoin ecosystem."
This move underscores Tether's leadership in expanding the reach of stablecoins and reaffirms the company's belief in the future of Bitcoin as the cornerstone for free financial solutions.
