Tether Brings USDT To Bitcoin With $7.5M Seed Round Investment

Tether (CRYPTO: USDT) co-led a $7.5 million seed round in Utexo to enable native USDT settlement on Bitcoin (CRYPTO: BTC BTC - $67925.174 and Lightning Network as CEO Paolo Ardoino said “Bitcoin has always been central to Tether's long-term vision for USDT.” The $7.5M Utexo Investment Tether co-led the round with Big Brain Holdings and Portal Ventures.

Source: benzinga.com

Related symbols: BTCUSD

2026-03-06 17:43:02 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $67925.174

Volume 24h: $38,462,627,737.37

Market Cap: $1,358,437,452,880.10

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,999,018. The last known price of Bitcoin is 68,010.32643183 USD and is down -3.50 over the last 24 hours. It is currently trading on 12571 active market(s) with $38,589,001,865.36 traded over the last 24 hours. More information can be found at https://bitcoin.org/.