Bitfinex: USDT Returns to Bitcoin via RGB
Bitfinex confirms USDT anchored back to Bitcoin through RGB_Hub and utexocom, settled over Lightning with off-chain logic.
SourceAnalysis
Bitfinex and Paolo Ardoino confirmed USDT is returning to Bitcoin via RGB_Hub and utexocom, restoring the original stablecoin design with Lightning settlement and off-chain contract logic after earlier cost and speed constraints forced migration elsewhere.
Paolo Ardoino
@paoloardoinoPaolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,
Premium Sponsors
.jpg)
