News linked to both this project and an event.
According to CoinDesk, Utexo, an infrastructure project supported by Tether, plans to issue USDT on the Bitcoin network this month. Utexo has obtained a commercial license to issue USDT on Bitcoin and plans to provide corresponding APIs, SDKs, and cloud infrastructure for exchanges, wallets, and payment service providers. Based on the RGB protocol and the Bitcoin UTXO model, Utexo will keep most transaction data off-chain, with a focus on supporting three types of applications: private USDT transfers, direct swaps between native BTC and USDT, and borrowing using native BTC as collateral without wrapping BTC to other blockchains. USDT was first issued on the Bitcoin network via the Omni protocol in 2014, after which Ethereum and Tron gradually became its primary circulating networks. Following the issuance of USDT on the Bitcoin mainnet, Utexo also plans to further expand to the Lightning Network.
Odaily Report: USDT is expected to return to the Bitcoin network this month through infrastructure developed by Utexo, a project backed by Tether. Utexo plans to support private USDT transfers, direct swaps between native Bitcoin and USDT, and loans collateralized by native Bitcoin. (CoinDesk)
据 Upbit 公告，Upbit 将上线 Dolphin（POD），支持 KRW、BTC 和 USDT 三个交易市场，预计于北京时间今日 15:00 开放交易。POD 仅支持通过 Base 网络充值和提现，充提服务将在公告发布后 2 小时内开放。 Dolphin 是一个 AI DePIN 项目，通过整合全球闲置 GPU 资源分布式处理 AI 推理任务，并提供 Web Chat、Telegram Bot 等产品。POD 代币主要用于网络质押及 Bonding。
Odaily News — According to monitoring by Drift Foundation, DFX claims and redemption are now live. Users with verified losses from the April 1 incident can claim 1 DFX per 1 USDT lost. Each DFX corresponds to a claim on the Recovery Pool, which currently holds approximately 3.11 million USDT. The funding sources include a portion of Velocity's daily protocol net revenue, up to 127.5 million USDT in matching funds from Tether, up to 20 million USDT from strategic partners, and assets recovered subsequently.DFX can be redeemed for USDT at a redemption amount calculated as "Recovery Pool balance ÷ DFX outstanding supply." Redeemed DFX will be burned, and transactions are irreversible. The claims window will close on January 1, 2028, at 00:00 UTC, at which point unclaimed DFX will be burned.Yesterday, Drift Foundation released an update on fund recovery efforts related to the April 1 security incident, in which approximately $295 million in user assets were stolen. The Foundation has engaged Mandiant, zeroShadow, and SEAL 911 to conduct investigations and trace funds, with Mandiant identifying the attacker as North Korean threat group UNC6862.
Illia Polosukhin stated that the attack involving approximately $3.8 million only affected USDT on BSC. NEAR Intents and near.com are now back online, and affected users will receive full compensation.
According to the official announcement, Bitget has launched the USDS-margined CT perpetual contract with up to 20x leverage, and the futures trading bot will also go live simultaneously.
According to official announcements, Odaily reports that Gate has now listed CTUSDT perpetual contract trading (USDT-settled), supporting up to 20x leverage.Concrete is a full-stack institutional-grade operating system for onchain finance, providing infrastructure from crypto assets to real-world assets (RWA), covering vaults, strategies, custody, accounting, risk management, and distribution.
OKX will launch the QUANT/USDT perpetual contract on October 1 at 16:00 (UTC+8) on the web, app, and API.
Binance Futures will list the CTU/USDT USDT-M Perpetual Contract on October 1 at 15:45 (UTC+8), offering up to 20x leverage.
Odaily News: According to official sources, Gate has listed Concrete (CT), with CT/USDT spot trading opening at 18:00 (UTC+8) on September 30, and flash swap trading opening at 19:00 (UTC+8).Concrete is a full-stack institutional-grade operating system for on-chain finance, covering the underlying infrastructure from crypto assets to real-world assets (RWAs), providing unified technical support for on-chain financial scenarios including treasury, strategies, custody, risk control, and distribution.Meanwhile, Gate Launchpool Round 381 for Concrete (CT) officially commenced at 22:00 (UTC+8) on September 30 and will run until 22:00 on October 21. The event offers a total of 1,000,000 CT in airdrop rewards. Users can stake USDT, GT, or CT to participate, with the USDT pool offering 600,000 CT in rewards, and the GT pool and CT pool each offering 200,000 CT. Airdrop rewards will be automatically distributed to spot accounts on an hourly basis proportional to staking share. According to the current event page, the estimated APR for the USDT, CT, and GT pools is 104.29%, 69.52%, and 6.25% respectively. Actual yields will vary dynamically based on participation.
According to official announcements, HTX will open CT/USDT spot and grid trading at 20:00 UTC+8 on September 30. CT deposits are now open, while withdrawals will be enabled at 20:00 UTC+8 on October 1. Concrete is an institutional-grade on-chain yield infrastructure that automatically allocates user deposits across multiple strategies via ERC-4626 standard vaults and supports cross-chain operations. Once assets are deposited, vault strategies automatically execute rebalancing and compounding, simplifying the DeFi participation process.
According to official announcements, HTX has listed perpetual contracts for TWST/USDT, CRML/USDT, BWET/USDT, CVNA/USDT, RUM/USDT, and WBD/USDT as of September 30, supporting 1–20x leverage for both long and short positions. Additionally, from today through 15:00 on October 8 (UTC+8), HTX is launching a new contract token trading competition. Users who complete registration, trade contracts for the participating tokens, and meet the specified thresholds will be eligible to share in the total prize pool of 1 billion $HTX.
Binance announced that it will list multiple bStocks tokenized securities on September 30, 2026, at 20:00 (UTC+8), covering Adobe (ADBEB), Forward Industries (FWDIB), Hewlett Packard (HPEB), PDD Holdings (PDDB), SharonAI (SHAZB), Wendy's (WENB), and Zoom (ZMB), while also enabling corresponding spot trading pairs with USDT. Withdrawal services will open at 21:00 on the same day.
Binance announced that its payment service Binance Pay has integrated with the QR code payment infrastructure of PayPay, Japan's mainstream mobile payment platform. Foreign tourists visiting Japan who have completed identity verification can directly scan PayPay merchant QR codes via the Binance app or present a payment code to complete transactions, supporting settlements using stablecoins such as USDT and USDC, as well as cryptocurrency assets including BTC, BNB, and ETH.
Odaily Report: Binance Pay will open its service to eligible overseas users starting Wednesday, allowing visitors to Japan to pay with USDT at most merchants supporting PayPay via HIVEX.HIVEX is a payment interoperability framework that connects overseas QR code payment services with merchants supporting PayPay in Japan. Merchants do not need separate integration, and settlements are still conducted in Japanese yen.PayPay is a Japanese cashless payment service covering millions of locations, including large chain stores, small retailers, vending machines, taxis, and public transportation. (Cointelegraph)
According to official announcements, Bitget has released its 47th Proof of Reserves (PoR). The total reserve ratio stands at 131%, covering 19 asset types. Specifically, the reserve ratios for BTC, ETH, USDT, and USDC are 142%, 110%, 107%, and 154%, respectively. Since December 2022, Bitget has updated its Proof of Reserves on a monthly basis. In September this year, it expanded its coverage from 4 asset types to 19, providing users with broader visibility into platform reserves. Bitget's historical average reserve ratio has remained above 120%, exceeding the 100% coverage benchmark and fully covering insured user assets.
Decentralized perpetual swap exchange Velocity (formerly Drift) announced that co-founder Cindy Leow has officially stepped down, with the rebuilt team continuing to operate the protocol going forward. Formerly known as Drift, a perpetual swap protocol on the Solana ecosystem, Velocity has recorded over $150 billion in cumulative trading volume since its launch in 2021. After undergoing restructuring in April and receiving support from Tether, the protocol was renamed Velocity in July and recently rolled out a test version encompassing five markets. Furthermore, the protocol has completed security audits and open-sourced its code.
Odaily reports: Aztec Network developer Aztec Labs has relaunched the self-custodial wallet zk.money. The wallet can conceal payment amounts, balances, and recipient information through Aztec Network, and supports transfers via readable names or links.Users can deposit DAI, USDC, or USDT from Ethereum, with USDC and USDT being converted to DAI. Deposit records remain publicly traceable, while subsequent transaction activity remains private.The early Alpha version limits individual deposits, payments, and withdrawals to under $2,500, and screens addresses in accordance with sanctions policy. The software has not yet undergone a full audit and carries security risks. (CoinDesk)
Bitget has launched multiple wealth management and reward campaigns. During the campaign period, users can subscribe to USDT and USDGO flexible earn products via "Simple Earn" to enjoy an APR of 10% for USDT and 12% for USDGO. The participation window runs from 22:00 on September 29 to 21:59 on October 9 (UTC+8). Meanwhile, Bitget has introduced the USDGO HodlerYield position reward campaign. Users holding USDGO in their Unified, Spot, or Futures accounts will automatically enjoy time-limited boosted yields of up to 8% APR without needing to register. Additionally, Bitget PoolX has simultaneously launched BTC and ETH staking events: participants in the BTC staking campaign can share a total pool of 100,000 BGB, while participants in the ETH staking campaign can share 500,000 USDT. Please refer to the official Bitget campaign page for full details.
According to an official announcement, Huobi HTX listed perpetual contracts for KIOXIA/USDT, MSTU/USDT, SECZ/USDT, MP/USDT, and ACNSTOCK/USDT on September 29, supporting 1x to 20x leverage for both long and short positions. Additionally, from today until October 8 at 15:00 (UTC+8), Huobi HTX is hosting a new coin perpetual trading contest. Users who complete registration, trade the contracted pairs of participating tokens, and meet the specified thresholds will have the chance to split a total prize pool of 1 billion $HTX tokens.