The Bitcoin scaling platform, the Lightning Network, can detect a stablecoin volume over the next few years, encouraged by increasing retail and institutional adoption, according to industry experts.
Talking to Cointelegraph, Graham Krizek, founder and CEO of the Lightning Network Payment Provider Voltage, said the increase in layer-2 network adoption will see it hold 5% of the global Stablecoin volume early 2028.
“Five percent (or more) of Stablecoin volumes (will be) to the Lightning Network for a minimum of three years.”
Current sunny stablecoin quantity is around $ 180 billion, According to In coingecko, which means that there may be more $ 9 billion exchanged with LN using current numbers. This is likely to increase in the coming years as stablecoin regulations such as Genius Act is combined with the United States and around the world.
Krizek said Stablecoins will accelerate network adoption as “lightning is the leading scalability tool for stablecoins,” and Stablecoin volumes on the scaling network may be a total billion -billion.
He acknowledged that there was little Stablecoin activity on the lightning network today, but it could change as soon as possible.
“Stablecoins are just beginning to come to lightning, and some of the major players like Tether or Circle are not yet alive. So the current percentage (of volume) is close to zero but grows in the second half of this year.”
It may have begun already
It may have begun as the largest stablecoin provider in the world, Tether, announced In January that it carries tether (USDT) in bitcoin with native LN support.
In June, the Lightning Labs released The latest version of Taproot Assets (v0.6) to make the network “a decentralized forex layer for Stablecoins in Bitcoin.”
Meanwhile, Tether CEO Paolo Ardoino has previously expressed the concern that the “global shared state” of the blockchains is not measured, and that Lightning’s peer-to-peer nature is making the best platform for major Stablecoin transactions.
“The beauty of USDT in lightning is the perfect way to make high-scale transactions,” he said in a interview In April.
Lightning Amployment Drivers
Krizek said the LN’s adoption was driven by retail and developers to “lead the wave.”
“Side cases are built by developers, and retail always uses, testing and exploring ways in which lightning becomes an outfit in new side cases.”
In addition, retaliation demands lightning from businesses, “which is why we see increasing businesses such as exchanges of lightning support,” he said, adding that institutional interests are also growing.
“Traditional institutions are also beginning to explore and realize the value of lightning and its effects on risk management, gaining better access to working capital, and reducing counterfeit and chargeback risks, but we are still early,” he said.
The exchanges quickly adopted LN for cost savings and the advantages of faster transactions, he said, noting that companies such as cash apps are already in use, with 25% of their BTC payment sa ln.
“Any business that uses Bitcoin will have lightning integrations. Instant regulating will be the standard, as we expect from any payment option.”
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Lightning Network capacity at $ 448 million
Lightning Network is currently with 14,000 node44,800 channels and a capacity of 3,820 BTC, worth nearly $ 448 million in current prices, According to To be the one, the preferred LN Metrics of Krizek.
Bitcoinvisuals Report Similar numbers but shown that the network capacity, the measure of BTC’s locked liquidity instead of volumes transferred to LN, has refused 23% since the beginning of this year.
“We see fewer channels in total, and the larger channels have been established, proving the efficiency of the capital and a more -optimize network,” Krizek said.
Access to LN, which is measured by total users of exchanges, purses, neo-bank and payment platforms with access, is currently over 700 million, which has doubled since last year, he estimated.
The positions of the voltage themselves as an infrastructure provider, which help purse developers include stablecoin operating on the lightning network.
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