Tether's USDT is 'coming home' to Bitcoin this month over a decade after debut there

A Tether-backed project, Utexo, plans to support private USDT transfers, direct swaps between BTC and USDT and loans backed by BTC, while keeping most transaction data off Bitcoin’s public ledger.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories

Binance net outflows surge to $5.8B as withdrawals resume after record hack
The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.
Cointelegraph

Billions flee Binance on reopen, THORChain founder opposes coin freeze: Hodler’s Digest
Binance has reopened withdrawals following the world’s biggest ever hack, and THORChain co-founder argues it should not halt the protocol to comply with FBI demands.
Cointelegraph

The crypto reader's guide to the 2026 midterm election: State of Crypto
America is going to the polls, and the results will shape crypto legislation and regulation over the next two years. Here's what to know.
CoinDesk