Tether will issue USDT natively on Bitcoin via the RGB Protocol.
According to Bitcoin Magazine, Tether plans to natively issue USDT on the Bitcoin network via the RGB protocol, with UTEXO leading the commercial deployment. The solution combines the Bitcoin UTXO model with the Lightning Network, supporting sending and receiving USDT on Bitcoin addresses as well as private, instant settlement, aiming to enhance privacy, reduce transfer and exchange costs, and decrease reliance on intermediate service providers. The report indicates that the product is expected to launch within the next few weeks, or in July.