Utexo Raises $7.5M To Launch Bitcoin-Native USDT Settlement Infrastructure

"Market cycles come and go, but the need for open and resilient settlement infrastructure remains constant. Utexo provides a layer that makes Bitcoin-native USDT settlement viable at scale, strengthening Bitcoin's role as a global settlement rail for real-world dollar transactions."

"We built Utexo so that USDT could move on Bitcoin the way money is supposed to move: instantly, privately, with no surprises on costs. Our partners integrate our API once and can route USDT on the most resilient open network ever built, with full control over cost structure."

"Historically, the Lightning Network and RGB protocols have offered technical capabilities for Bitcoin-based payments, but their complexity limited adoption in production environments. Utexo abstracts these complexities behind a single API layer, allowing payment operators to route USDT settlement over Bitcoin-native rails without modifying custody, compliance workflows, or user experiences."

Utexo, a Bitcoin-focused startup, secured $7.5 million in seed funding led by Tether, Big Brain Holdings, and Portal Ventures to develop settlement infrastructure for USDT on Bitcoin. The company addresses a critical gap by enabling native USDT settlement on Bitcoin with production-ready payment systems. Utexo abstracts the complexity of Lightning Network and RGB protocols behind a single API, allowing payment operators to route USDT over Bitcoin without modifying existing custody, compliance, or user experience workflows. This infrastructure enables instant, private transactions with predictable costs, positioning Bitcoin as a viable global settlement rail for dollar transactions at scale.

Read at Bitcoin Magazine