--- title: "Utexo opens early access for USDT on Bitcoin ahead of November 28 launch" description: "Utexo has opened Utexo Mint, a platform where verified professional operators can test minting, confidential transfers and redemption of USDT on Bitcoin via RGB ahead of a public launch on November 28, Bitcoin Magazine reported. Utexo said the Bitcoin-based USDT is launched by Utexo, not Tether,…" language: en canonical: "https://whycoinmoves.com/en/events/bitcoin-utexo-opens-utexo-mint-early-e993d2ab9f72c8" published: 2026-10-22T16:27:59.000Z updated: 2026-10-22T17:29:58.000Z indexable: false --- # Utexo opens early access for USDT on Bitcoin ahead of November 28 launch Utexo has opened Utexo Mint, a platform where verified professional operators can test minting, confidential transfers and redemption of USDT on Bitcoin via RGB ahead of a public launch on November 28, Bitcoin Magazine reported. Utexo said the Bitcoin-based USDT is launched by Utexo, not Tether,… Attributed sources: [Bitcoin Magazine]() ## Key facts Utexo has opened Utexo Mint, a platform where verified professional operators can test minting, confidential transfers and redemption of USDT on Bitcoin via RGB ahead of a public launch on November 28, Bitcoin Magazine reported. Utexo said the Bitcoin-based USDT is launched by Utexo, not Tether, and is backed by USDT through Tether's USDT0 protocol. Evidence strength: Single source, 1 publisher group(s) (Bitcoin Magazine); this describes source coverage, not truth or causation. After site detection, observed returns were 5 minutes: -0.20% (22/10/2026, 16:27 → 22/10/2026, 16:32, UTC; Gate · USDT); 1 hour: -0.35% (22/10/2026, 16:27 → 22/10/2026, 17:27, UTC; Gate · USDT). Unlisted windows are unavailable. In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff 22/10/2026, 16:27, UTC). This hourly baseline is not directly comparable with a minute move. ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.20% | -0.20% | 0.00 pp | 22/10/2026, 16:27 → 22/10/2026, 16:32 | Gate · USDT | | 1 hour | -0.35% | -0.35% | 0.00 pp | 22/10/2026, 16:27 → 22/10/2026, 17:27 | Gate · USDT | | 24 hours | — | — | — | — | — | ## Historical hourly baseline | Metric | Value | | --- | --- | | Ready | true | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.15% | | 99th percentile of absolute hourly returns | 1.23% | | BTC beta | 1.00 | | Source / cutoff (UTC) | OKX · USDT / 22/10/2026, 16:27 | ## Claims and open questions - Utexo opened Utexo Mint, letting verified professional operators test minting, confidential transfers and redemption of USDT on Bitcoin via RGB ahead of the November 28 public launch, per Bitcoin Magazine's report. - According to a press release shared with Bitcoin Magazine, USDT on Bitcoin is launched by Utexo and not by Tether, and is backed by USDT via Tether's USDT0 protocol. - Utexo told Bitcoin Magazine it will offer tools to manage USDT liquidity across supported networks and to convert between fiat and USDT, and said it monitors incoming source USDT for AML risk through a partnership with Crystal Intelligence. - Which exchanges, wallets, market makers and other operators have committed to supporting USDT on Bitcoin at the public launch, and whether they publish their own confirmations? - Will the November 28 public launch proceed as scheduled, or will Utexo announce a change to the date or phases? ## Source evidence - [Utexo Opens Utexo Mint Early Access for USDT on Bitcoin Ahead of November 28 Launch]() — Bitcoin Magazine; published 22/10/2026, 16:26; received 22/10/2026, 16:27 (UTC). ## Recent BTC events and market reactions - [Chinese court accepts prosecutors' bid to confiscate Bitcoin seized in UK]() — Published 22/10/2026, 06:24 (UTC) · Multiple publishers (3 publishers) · General news · 5m -0.02% / 1h -0.41% / 24h -0.94% - [US spot Bitcoin ETFs take in about $1.07 billion over three sessions]() — Published 22/10/2026, 04:41 (UTC) · Multiple publishers (3 publishers) · Market watch · 5m +0.05% / 1h +0.07% / 24h -1.31% - [Bitcoin slips below $82K after Tesla and Meta results unsettle tech markets]() — Published 22/10/2026, 03:51 (UTC) · Multiple publishers (2 publishers) · Market watch · 5m +0.13% / 1h +0.04% / 24h -1.04% - [Bitcoin rises above $84,500 as SpaceX earnings lift tech stocks]() — Published 21/10/2026, 15:13 (UTC) · Multiple publishers (2 publishers) · Market watch · 5m +0.15% / 1h +0.25% - [SpaceX and Tesla boards weigh merger that would combine 30,221 bitcoin]() — Published 21/10/2026, 09:23 (UTC) · Multiple publishers (2 publishers) · General news · 5m +0.08% / 1h -0.21% / 24h -2.08% - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Perpetual funding rates and annualized yield: a 2025 comparison]() - [Bitcoin halving and bull markets: evidence from four halvings]() - [Bittensor (TAO): Bitcoin beta, volatility and the AI crypto narrative]() [Methods and limitations]() Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.