Breaking News from the UTEXO Project!!!
Utexo is a Bitcoin-based stablecoin (USDT) payment platform that allows for fast (slow) USDT transfers, privacy, and free transfers without connection, custody, or token bundles. The project combines Bitcoin (last anchor layer), the Lightning Network (time payments), and the RGB protocol (client-side validated private assets), enabling businesses to achieve predictable costs and easy scalability. Recent highlights:
March 2026: Utexo successfully raised $7.5 million in its Seed round. Led by Tether, along with major investors such as Fulgur Ventures, Alchemy, Maven 11, Gate Ventures, KuCoin Ventures… and numerous angel investors from Ledger, Solv Protocol…
April 2026: Strategic partnership with Solv Protocol (Bitcoin asset management platform >$2 billion) to launch the first Bitcoin-based yield infrastructure. Allows atomic swaps between BTC and USDT via RGB + Lightning, eliminating custody risk.
April 2026: Integration with x402 to deliver USDT transactions in just 50 milliseconds, aiming for a scalable internet of payments.
The project is highly regarded within the Bitcoin ecosystem for solving the problem of practical, fast, and private stablecoin payments. The
@utexocom homepage currently focuses on introducing the main product: “Instant and private USDT transfers on Bitcoin for free.”