Utexo to issue USDT on Bitcoin network this month

Software company Utexo plans to issue USDT on the Bitcoin network this month, CoinDesk reported. Utexo has secured a commercial license for Bitcoin-based USDT issuance and plans to provide APIs, SDKs and cloud infrastructure to exchanges, wallets and payment service providers. The company had previously entered into a partnership with Tether and said it would lead USDT issuance and distribution on the Bitcoin network.