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Tether led a $7.5 million seed round for Utexo, aiming to achieve native settlement of USDT on the Bitcoin network and the Lightning Network. CEO Paolo Ardoino stated that this investment aligns with Tether's long-term vision for its $184 billion market cap stablecoin, with Bitcoin playing a central role. Utexo's technology can complete USDT atomic settlements in less than a second at a fixed and pre-disclosed fee, aiming to fill the infrastructure gap for scalable Bitcoin-native stablecoin transactions.