Tether to Launch USDT Stablecoin Directly on the Bitcoin Network

HKAN | Aug 29

Tether (USDT), the world’s leading stablecoin by market capitalization, has announced plans to launch its stablecoin directly on the Bitcoin network, according to recent reports.

This strategic move aims to expand USDT’s accessibility and security, leveraging Bitcoin’s unmatched network robustness and decentralization. By integrating with Bitcoin, Tether plans to provide users and merchants with a new layer of transaction reliability while maintaining the stablecoin’s peg to the U.S. dollar.

Industry experts suggest that USDT on Bitcoin could unlock broader adoption for stablecoins in payments, trading, and DeFi applications, while also showcasing Bitcoin’s potential beyond traditional value storage.

Tether has been expanding its presence across multiple blockchains, including Ethereum, Solana, and Tron. Adding Bitcoin to its portfolio aligns with its strategy of multi-chain deployment to increase liquidity and interoperability for global markets.

Market analysts believe that this launch could strengthen Tether’s position as the dominant stablecoin and further solidify Bitcoin’s utility in the digital asset ecosystem.