USDT returning to Bitcoin doesn’t mean going back to 'complete decentralization.' Tether-backed Utexo plans to issue USDT on Bitcoin this month, enabling transfers and BTC/USDT exchanges via RGB, with most transaction data not directly published on-chain. Lightning support is still part of future plans. Compliance boundaries haven’t disappeared either—Utexo’s approach isn’t freezing addresses but blacklisting UTXOs involved in sanctions or illegal activities. My take: what’s truly worth watching isn’t the slogan of USDT returning to Bitcoin, but how privacy, liquidity, and compliance can be implemented together. @utexocom @Tether_to Bitcoin