According to Bitcoin Magazine, Tether plans to natively issue $USDT on Bitcoin via version v0.11.1 of the RGB protocol, with deployment led by UTEXO.
The RGB protocol combines its client-side validation mechanism with the Lightning Network to enable instant, private settlements while anchoring security to Bitcoin’s UTXO model. Users will be able to handle $USDT using native Bitcoin addresses, and also send and receive $USDT via compatible wallets over the Lightning Network.The product is expected to launch in the coming weeks, possibly in July.[PANews]