Tether has announced the integration of its stablecoin USDT with Bitcoin’s base layer and Lightning Network. This move aims to facilitate faster transactions and introduce new payment possibilities by leveraging the Taproot Assets protocol.
The integration combines Bitcoin's robust security features with the swift transaction capabilities of the Lightning Network. It allows for seamless operations across both networks while significantly reducing transaction costs.
Tether remains a dominant player in the stablecoin market, holding a significant share of the $220 billion market with its $139.4 billion market value.
Kaynak: blockonomi.com ↗