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Tether has renewed its push to make USDT usable through Bitcoin, but claims involving Morgan Stanley remain unconfirmed.
Tether CEO Paolo Ardoino has renewed attention on plans to make USDT widely usable through Bitcoin, saying the stablecoin is “coming home. ” Tether first announced its return to Bitcoin in January 2025, while companies developing the necessary payment infrastructure have worked on the rollout throughout 2026.
USDT was initially issued on Bitcoin via the Omni Layer protocol, but a majority of its activity has migrated to other networks such as Ethereum and Tron due to lower and quicker transfer fees. As for the older version based on Omni, Tether ended offering direct support to that version. But it is now looking for ways to bring back USDT to Bitcoin. , Tether announced its intention to support transfers on Bitcoin and the Lightning Network.
With Lightning, people can transact faster and cheaper without waiting for transactions to be settled on Bitcoin’s main network. The company uses another system known as RGB. What this means is that it allows tokens to move with the help of Bitcoin without placing every piece of information directly on the public blockchain. RGB and the system used by Lightning Labs, called Taproot Assets, are separate technologies.
Both are being developed to make assets such as USDT easier to use through Bitcoin. Utexo co-founder Viktor Ihnatiuk said he recently met Morgan Stanley representatives in Washington to discuss USDT adoption through Bitcoin. He also claimed that more than 450 businesses, including exchanges, wallets, and payment companies, are in Utexo’s pipeline. As of now, Morgan Stanley has not publicized its association with Utexo or Tether.
In addition, there is no timetable, which clearly shows when the two mentioned products will be available to customers. USDT currently has a market value of about $184 billion, making it the largest stablecoin. With that size, even a small activity moving through Bitcoin could expand the network’s role beyond holding and transferring BTC. It was announced by Tether in January 2025 that it would bring the USDT to Bitcoin and the Lightning protocol.
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