Tether Returns to Bitcoin Network with USDT Stablecoin

Tether is set to re-enter the Bitcoin network for the first time in about 12 years, planning to issue its USDT stablecoin using RGB Protocol v0.11.1.

The move marks a significant development for the crypto market, with potential implications for payment and liquidity channels within the Bitcoin ecosystem.

According to forecasts, Tether's return to the Bitcoin network is expected to have a neutral impact in the short-term, but may lead to a gradual trend higher if adoption picks up early in the issuance phase.