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Watch Desk posted an update

Tether’s USDT stablecoin is set to return to the Bitcoin network this month through Tether-backed Utexo, CoinDesk reports. The arrangement is expected to keep most transaction data off Bitcoin’s public ledger, offering a different way to use the network without recording every detail there.

Why it matters

The report offers no further technical detail, so the useful news is the planned return and the limited data disclosure described so far.

Discuss: How much transaction information should a Bitcoin-based stablecoin keep off the public ledger?

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