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Stablecoins & Payments · 1 min read

Tether-Backed Utexo Schedules Nov. 28 Debut for Bridged USDT on Bitcoin

The deployment uses RGB technology and Bitcoin Signet testing, backed by USDT0 reserves locked on Arbitrum.

Editorial oversight: Julian Mercer, Chief Editor
Neutral
$USDT $0.9986 +0.0% $BTC $81,764 −1.1%

At a glance Announced

What happened
Tether-backed Utexo set a Nov. 28 release date for an RGB-based bridged USDT on the Bitcoin network.
Why it matters
The system will utilize collateral anchored in USDT0 locked on Arbitrum to support the Bitcoin-based token.
Who is affected
Professional operators testing on Bitcoin Signet and users seeking bridged USDT on Bitcoin.
Takes effect
2026-11-28
What's next
The planned deployment on Nov. 28 following ongoing Signet operator tests.
Primary source
thedefiant.io: Tether-Backed Utexo Sets November 28 Launch for Bridged USDT on Bitcoin

Key points

  • Tether-backed Utexo plans to launch bridged USDT on the Bitcoin network on Nov. 28 1.
  • Testing for the RGB-based token has opened to professional operators on Bitcoin Signet 1.
  • The bridged asset will be backed by USDT0 locked on Arbitrum 1.

Utexo, a protocol supported by Tether, has scheduled the launch of a bridged version of $USDT on the Bitcoin network for Nov. 28 1. Testing for the asset has been opened to professional operators via Bitcoin Signet ahead of the targeted deployment date 1.

The asset operates as an RGB-based token running on the $BTC network 1. To maintain backing for the bridged token, collateral will be anchored by USDT0 units held in a locked state on Arbitrum 1.

Bitcoin Testing Underway

The project has initiated testing access exclusively for professional operators on the Bitcoin Signet testing environment 1. This test phase precedes the targeted mainnet release slated for late November 1.

At the time of writing, USDT traded at $0.9987 and Bitcoin stood at $81,021. The deployment introduces an RGB-reliant bridged framework linking Arbitrum-based assets directly to Bitcoin infrastructure 1.

Sources

  1. [1] Tether-Backed Utexo Sets November 28 Launch for Bridged USDT on Bitcoin — thedefiant.io, October 22, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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