
Tether's USDT Returns to Bitcoin This Month on Utexo's RGB Rail
Utexo, which raised $7.5 million in a round led by Tether, will issue USDT on Bitcoin's base layer in October. Tether cannot freeze a UTXO, so a blacklist does the work.
Altcoins, ETH & general crypto

Utexo, which raised $7.5 million in a round led by Tether, will issue USDT on Bitcoin's base layer in October. Tether cannot freeze a UTXO, so a blacklist does the work.

The ZCSH fund shed $93.56 million in a week after taking $98.2 million two weeks earlier. A rival tally of the same five sessions puts the outflow at $77.6 million.

The FSC's draft rules set a capital floor, four required staff and a shared ledger. Comments close 11 November; the regime starts 4 February 2027.

CryptoJobsList counted 1,241 openings in September against 382 in July, while applications slid. Two write-ups give different July application totals.

The analytics firm says custom automation cut cross-chain matching from over 20 hours to under 10 minutes. It attributes the September theft to North Korea.

The ICBA filed in Washington on Friday, arguing the OCC chartered crypto firms beyond what the National Bank Act allows. It wants Protego's approval vacated.
Claims opened on 1 October for users who lost funds in April. Each DFX redeems for about 0.0104 USDT, and the recovery pool held 3.11 million USDT at launch.

Isabel Schnabel set out direct issuance, an interoperability layer and privately issued settlement tokens at a Bank of England conference on Thursday.

HSBC said on 30 September its Hong Kong dollar stablecoin will be called RedCoin, due in the second half of 2026 through PayMe and its mobile app.

US spot bitcoin ETFs drew $2.65 billion of net inflows in September, against $3.52 billion in August. Ether funds took $832.43 million.

Armada Acquisition Corp. II shareholders approved the Evernorth merger on 30 September. The XRP treasury expects to trade on Nasdaq as XRPN from 8 October.

The SEC would let advisers and funds hold crypto themselves where no permitted custodian exists. Comments run 60 days from Federal Register publication.