Private, fast USDT is coming to Bitcoin. Can it compete with Ethereum and Tron?

USDT is coming home to Bitcoin, offering privacy and Lightning-fast payments. But can Bitcoin’s revamped version of Tether compete with stablecoins on ETH and TRON? Utexo is preparing to bring Tether’s dollar-backed stablecoin back to Bitcoin after a three-year hiatus. The Dubai-based blockchain startup says it will achieve the integration through RGB, a protocol that keeps asset transaction data off-chain. The public launch is scheduled for Nov. 28, with Lightning Network support planned for Q1 2027, promising private transfers and fast payments via Bitcoin’s payment network.