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 - $68039.612 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.

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Price & Market Data

Price: $68039.612

Volume 24h: $41,540,475,100.98

Market Cap: $1,360,719,099,332.00

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 19,998,590. The last known price of Bitcoin is 70,474.4274769 USD and is down -2.81 over the last 24 hours. It is currently trading on 12571 active market(s) with $46,609,513,822.98 traded over the last 24 hours. More information can be found at https://bitcoin.org/.