Utexo
Utexo says it brings USDT liquidity to Bitcoin and that Tether selected it to mint and redeem USDT on Bitcoin.
What it does
Utexo says it brings USDT liquidity to Bitcoin and that Tether selected it to mint and redeem USDT on Bitcoin.
Background
Utexo says Tether selected it, after years of joint development, to mint USDT on Bitcoin; every USDT minted on Bitcoin is backed 1:1 by existing USDT on other chains, and settlement is anchored to Bitcoin [utexo.com]. Its product suite has three parts: Mint, the official gateway for minting and redeeming USDT on Bitcoin; an SDK with RGB and Lightning libraries; and Cloud, managed RGB-Lightning infrastructure for operators who do not want to run nodes. Target users listed on the site are exchanges, wallets, market makers, OTC desks and lenders.
At Plan ₿ Week Lugano 2026
Co-founder and CMO Chris Hutchinson is a Cypher Tank judge. Events: Cypher Tank.
Listed from the public Plan ₿ Week schedule (planbweek.com, checked 21 October 2026). Being listed here does not mean any partnership with this site.
Scope: Bitcoin or not
Stablecoin (USDT) infrastructure on Bitcoin.
See also
- RGB Protocol AssociationRGB describes itself as the open-source protocol for issuing and transferring digital assets natively on Bitcoin and Lightning, using client-side validation.
- TetherTether, 'The Stable Company', issues the USD₮ stablecoin and backs projects in other areas. USD₮ runs on many blockchains; on Bitcoin, Tether selected Utexo to mint USDT (per Utexo).
References
- Utexo: official site (utexo.com) utexo.com
- Plan ₿ Week 2026: Cypher Tank planbweek.com