"USDT is the offshore remittance and trading rail for much of the world." – @syrupsid, our Co-Founder & CEO, on Tether's strategy amid new stablecoin competition, in Sandmark. Full piece:

USDT wasn't born on Bitcoin, but that's where it's heading back. @utexocom is bringing USDT to Bitcoin via RGB protocol v0.11.1, backed by @tether, and it isn't another bridge - it's a different architecture. settlements run over lightning, instant and private. Client-side validation means only the two parties see the transaction details, and the utxo model hands out a fresh address for every payment, so nobody stitches the trail together. USDT to BTC swaps clear with no slippage, close to spot. For builders there's already an SDK, APIs and a mint bridge with direct tether integration, no middlemen, no extra fees. Money is supposed to move fast, cheap and unwatched. on bitcoin it finally will. Launch lands this July.

USDT is unique. The largest sender is < 5% of total send volume, compared to others that have almost 25℅ of their stablecoin sent by one entity. USDT is the digital dollar made for the people, the billions of individuals and hundreds of millions of families left behind by the traditional financial system because they're not wealthy enough. Currently more than 550M users across emerging markets rely on Tether USDT. Very proud of it ❤️

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