Tether is launching the USDT stablecoin on the Bitcoin and Lightning Networks.
Taproot Assets supports the integration.
The world’s biggest stablecoin issuer, Tether, has announced that the USDT asset is now connected to Bitcoin both at its fundamental level and through the Lightning Network.
The Taproot Assets protocol engages in this by leveraging Bitcoin’s Taproot improvement to be able to improve security and increase functionality. Moreover, the integration goal is the merging of Bitcoin decentralization and security issues with the speed and scalability of Lightning Network.
Paolo Ardoino, CEO of Tether, stated:
“By enabling USDt on the Lightning Network, we are not only reinforcing Bitcoin’s foundational principles of decentralization and security but also creating practical solutions for remittances, payments, and other financial applications that demand both speed and reliability.”
Furthermore, this merging creates a scalable and seamless payment solutio
We współpracy z: https://thenewscrypto.com/tether-expands-usdt-to-bitcoin-and-the-lightning-network/
