Utexo Mint Open Beta: Get Early Access to USD₮ on the Bitcoin Chain
Utexo has now opened Utexo Mint, a platform designed specifically for professional operators preparing to support Utexo's Bitcoin cross-chain version of USD₮. In advance of the planned public launch on November 28, testing is currently underway on the Bitcoin Signet testnet.
Bringing back USD₮ through Utexo's cross-chain token presents an opportunity to introduce dollar liquidity into the Bitcoin ecosystem, opening up new markets for trading and BTC-collateralized lending. Operators integrating early can be among the first to offer this service at launch, capturing initial demand and expanding their market share as adoption grows.
Starting today, Utexo is accepting access applications. We welcome exchanges, wallets, market makers, OTC desks, trading firms, and other professional operators to join the official launch plan in November.
A One-Month Preparation Period
Utexo Mint is an exclusive platform allowing verified operators to mint and redeem Utexo's cross-chain version of USD₮ on the Bitcoin network.
Within the Bitcoin Signet sandbox environment, operators can test minting, private transfers, and redemption via the RGB protocol. RGB is the protocol Utexo uses to issue and transfer assets on the Bitcoin network. This testing period provides operators with ample time to validate their transaction workflows and finalize integrations before launch.
Utexo will also provide a suite of tools to manage liquidity across supported networks and facilitate two-way conversion between fiat currencies and Utexo's bridge-version USDT, giving operators greater flexibility in funding and capital allocation.
Utexo will additionally supply tools to manage cross-network liquidity and enable conversions between fiat currency and Utexo's cross-chain version of USD₮, further enhancing operator flexibility in sourcing and deploying funds.
USD₮ Returns to the Bitcoin Network
Originally launched on the Bitcoin network in 2014, USD₮ returns to the Bitcoin ecosystem via Utexo's cross-chain version, bringing deep stablecoin liquidity and expanding the range of business activities enterprises can conduct on the network.
Utexo's cross-chain version of USD₮ features a native privacy design, allowing individuals to hold and transfer funds without publicly exposing transaction details. Businesses will be able to protect sensitive commercial activities while maintaining the necessary controls required for compliance.
This rollout will proceed in two phases:
Phase 1 begins on November 28, with a public launch on the Bitcoin mainnet via partner wallets and exchanges, introducing liquidity for swap providers and lending platforms.
Phase 2 is scheduled for Q1 2027, extending Utexo's cross-chain version of USD₮ to the Lightning Network to enable near-instant payments.
Join the Launch
Utexo is now accepting onboarding applications from professional operators interested in participating in the public launch.
Applications are invited for an Utexo Mint demo to initiate the onboarding process. Approved operators will gain access to the sandbox environment and work alongside partners already preparing for launch to advance integration efforts.
About Utexo
By bringing USD₮ back to the Bitcoin network through its cross-chain token, Utexo introduces deep stablecoin liquidity for the first time. It enables exchanges, wallets, and other commercial operators to offer dollar-denominated financial products and services on the Bitcoin network while keeping sensitive transaction details confidential, supporting selective disclosure for regulatory compliance. Utexo Mint extends USD₮'s reach to Bitcoin users, wallets, and payment channels, making dollar-pegged liquidity readily accessible on the network.
For more information, visit: utexo.com
Media Contact
Utexo Email: marketing@utexo.com
Official Website: https://utexo.com