Utexo (N/A)

🤔 What is Utexo crypto project?

Utexo is an execution and settlement infrastructure designed to bring USDT on Bitcoin. It enables users to issue and transfer USDT with confidential transaction data, while using Bitcoin only as the final settlement layer.

The core of the Utexo protocol is RGB, which uses client-side validation instead of storing the full asset state publicly on-chain. Only the parties involved need access to transaction details, while Bitcoin records the cryptographic commitment required to secure the transfer. This allows the Utexo Bitcoin USDT infrastructure to offer more privacy than standard stablecoin transfers while still supporting selective disclosure for compliance.

On October 22, 2026, Utexo crypto launched core technology - Utexo Mint, which allows verified operators to move USDT from Arbitrum and more upcoming chains onto Bitcoin. USDT or USDT0 is locked on the source network, and the equivalent amount is minted through RGB on Bitcoin with 1:1 backing. The process also works in reverse through burning and redemption. The mint fee is 0.1% per transfer.

The next major component is Utexo RGB Lightning infrastructure. Lightning is expected to make USDT transfers faster and more suitable for high-frequency payments and BTC/USDT settlement. However, this part of the product is not fully live yet. The public Bitcoin launch is scheduled for November 28, 2026, followed by Lightning support in Q1 2027.

Read more about the project on the Utexo official website.

🪙 Utexo token: As of October 2026, there is no official information about the Utexo token. The team is focused on building the product, but after the Lightning release in Q1 2027, it is highly possible to see the token announcement, since the protocol needs the governance token.

On March 6, 2026, Utexo secured a $7.5M funding round co-led by Tether, Big Brain Holdings, and Portal Ventures with support of more than 10 other investors.

✅ Utexo pros:

• $7.5M in funding from strong investors;
• Strategic backing and support from Tether;
• Product with unique technology and a lack of competitors.

❌ Utexo cons:

• The public product has not launched yet;
• No public TVL or volume metrics;
• No available info about a security audit;
• No Utexo token mentions at all;
• Poor Digital Marketing score.