Tether CTO: We are actively developing RGB with Bitfinex and will re-issue USDT on the Bitcoin RGB protocol in the future

Comparing news, Tether's Chief Technology Officer Paolo Ardoino previously tweeted, “Tether has stopped supporting Kusama, Bitcoin Cash SLP, and Omni Layer, while the Tether team still believes in using the most secure, audited, and decentralized blockchain ever — Bitcoin.” Together with Bitfinex and Fulgur Ventures, they are actively contributing to the RGB project development, a client-side state verification and smart contract system running at layers 2 and 3 of the Bitcoin ecosystem.

According to reports, RGB aims to bring a new era of digital assets, smart contracts, and digital rights, and has received widespread support from major players in the industry. Tether strongly believes that once USDT on RGB goes live, the world will witness a powerful and expandable USDT on the Bitcoin layer.