Tether to Introduce USDT on RGB Protocol for Bitcoin Usage

Tether Announces Strategic Investment in Bit2Me and Plans to Deploy USDT on RGB

In a significant move, Tether, the issuer of the popular stablecoin USDT, has announced a strategic investment in Spanish crypto platform Bit2Me. This investment, worth a minority stake, was made through a financing round announced in August, involving 30 million euros. Future investments are planned to support the company's growth, with the deal expected to close in the coming weeks.

This investment marks Tether's entry into the Spanish crypto market, and it's not just a financial move. Tether aims to reshape how stablecoins interact with Bitcoin by integrating USDT on RGB, a protocol for issuing digital assets directly on Bitcoin.

The combination of Bitcoin's decentralization and Tether's price stability is being presented as a significant advancement towards making stablecoins a native part of the Bitcoin network. The integration allows users to hold and transfer both Bitcoin and stablecoins within the same wallet, enabling advanced features such as offline transactions.

Paolo Ardoino, the CEO of Tether, emphasized that RGB creates a new pathway for USDT on Bitcoin, reinforcing the company's belief in Bitcoin as the foundation for a more open financial future. RGB has been developed to provide private, scalable, and user-controlled issuance of assets.

This expansion reflects Tether's ongoing strategy of increasing stablecoin adoption across multiple blockchain ecosystems. The initiative aims to align scalability, privacy, and interoperability, with the goal of making Bitcoin a foundation for global digital payments.

Weekly increases in stablecoin market capitalization now stand at around $1.1 billion, compared with the $4-8 billion weekly inflows recorded in late 2024. However, recent data from CryptoQuant shows that while stablecoin liquidity continues to expand, the pace of growth has slowed significantly.

Tether's USDT remains dominant in the stablecoin sector, but its 60-day growth has moderated, with inflows holding near $10 billion. The launch of USDT on RGB could potentially reinvigorate this growth, as it would enable the stablecoin to operate directly on Bitcoin's infrastructure.

The launch would also support Tether's broader vision where Bitcoin serves not only as a store of value but also as the foundation for global digital payments. This move is part of a broader trend in the crypto industry, as companies continue to explore ways to make Bitcoin more versatile and accessible for everyday transactions.

In addition to the investment in Bit2Me, Tether is leading a €30 million (approximately $35 million) funding round for the Spanish platform to support its growth across Europe and Latin America. This funding round underscores Tether's commitment to fostering a more decentralized and accessible financial system.