USDT was born on Bitcoin. Then it left. Now it’s coming back, and the upgrade is significant.
Tether has announced plans to issue USDT natively on Bitcoin through RGB protocol v0.11.1, with software lab UTEXO leading the commercial rollout. The feature could go live as early as July, with support from Tether Wallet and multiple exchanges expected to follow.
This is not a small footnote in crypto history. USDT currently holds a market cap of approximately $184 billion, representing nearly 60% of the total stablecoin market, which stands at around $311 billion. Bringing even a fraction of that liquidity back to Bitcoin’s base layer would meaningfully reshape how the network is used and perceived.
A homecoming, not a debut
USDT’s Bitcoin roots run deep. Tether originally launched the stablecoin in 2014 on Bitcoin via Omni, then called Mastercoin, making Bitcoin the first blockchain to host a major stablecoin.
