Tether Launches USDT on Bitcoin via RGB to Boost Liquidity
Tether has launched USDT on Bitcoin via the RGB protocol, allowing native stablecoin issuance and transfers on the Bitcoin network. USDT on Bitcoin runs as a Layer 2/3 asset in compatible wallets. The move removes cross-chain bridges, cutting counterparty risk and streamlining transactions between USDT and BTC. RGB anchors ownership proofs to on-chain transactions, preserving Bitcoin’s security while keeping transfers lightweight, private, and offline-capable. Tether holds 77,780 BTC and supports a USDT market cap of about $167 billion. Native USDT on Bitcoin could boost BTC liquidity, accelerate dollar-pegged settlements, and simplify custody rails. Wider wallet and exchange integration will shape adoption. Traders may benefit from higher on-chain efficiency and reduced custodial complexity.
Bullish
The launch of USDT on Bitcoin via RGB reduces reliance on cross-chain bridges and lowers counterparty risk. In the short term, traders can access more efficient on-chain stablecoin transactions against BTC, improving liquidity and narrowing spreads. Over the long term, native stablecoin rails on Bitcoin may attract additional capital inflows, enhance settlement speed, and support a broader DeFi ecosystem on Bitcoin. These factors suggest a bullish outlook for Bitcoin’s market depth and stability.