Tether-Backed Utexo to Issue USDT on Bitcoin (BTC) This Month, 12 Years After Omni Debut
Key Takeaways
- •Tether-backed stablecoin issuer Utexo plans to release USDT on the Bitcoin network in October 2026.
- •According to co-founder Viktor Ihnatiuk, Utexo has a commercial license permitting USDT issuance on Bitcoin.
- •USDT first debuted on Bitcoin about 12 years ago via the Omni Layer, before most of its supply shifted to blockchains such as Ethereum and Tron.
- •The planned issuance will use the RGB protocol, which stores asset data off-chain while anchoring only commitments to the Bitcoin blockchain.
- •Neither a specific launch date nor full technical details for the rollout have been disclosed.
Tether-Backed Utexo to Issue USDT on Bitcoin (BTC) This Month, 12 Years After Omni Debut
October 4, 2026 — COINOTAG
Utexo, a stablecoin issuance company backed by Tether, plans to put USDT on the Bitcoin (BTC) network this month, more than a decade after the dollar-pegged token first appeared on the chain.
Co-founder Viktor Ihnatiuk said the company has secured a commercial license to issue USDT on Bitcoin and is preparing the rollout for October. No specific launch date within the month was disclosed.
A Return to Bitcoin's Base Layer
The planned issuance marks a notable return for the world's largest stablecoin to Bitcoin's base layer. USDT made its debut on the Bitcoin network roughly 12 years ago, when Tether was first issued as an asset on the Omni Layer, a protocol that enabled token issuance on top of Bitcoin. In the years since, most of the USDT supply has circulated on other blockchains such as Ethereum and Tron, which have been favored for lower-cost, higher-throughput transfers.
That history is what gives the announcement its weight: the rollout would extend the largest stablecoin back to the chain where it originated, adding Bitcoin's base layer to the set of networks that currently host the bulk of its supply.
RGB Tie-In
According to the original report, the issuance is linked to the RGB protocol — a client-validated smart-contract system for Bitcoin in which asset data is held off-chain while commitments are anchored to the Bitcoin blockchain. Under that model, the Bitcoin chain carries only commitments to asset data, with validation performed on the client side, in contrast to the token standards used on platforms such as Ethereum and Tron. The report did not disclose further technical details about the planned launch.
With the timing and implementation details still undisclosed, the things to watch ahead of the October rollout are a confirmed launch date and further technical documentation of how the RGB-based issuance will operate.
This content was first published on COINOTAG: https://en.coinotag.com/utexo-usdt-bitcoin-btc-october-rgb-launch
