Utexo Lianchuang: Bitcoin Bridge USDT primarily targets institutions in the early stages

Utexo co-founder Viktor Ihnatiuk tweeted that the bridged version of USDT launched on the Bitcoin network will initially be aimed at institutions, as there is currently a strong demand from institutions for minting, redeeming, and fund transfers.

He pointed out that large fund transfers need to avoid wallet activity being viewed by others and front-running trades, and the launch arrangements for retail users will be announced later.