San Salvador-Tether, the crypto company behind the largest stablecoin, introduces the $ 140 billion USDT token to Bitcoin-the blockchain undergoing the largest and oldest cryptocurrency-and bitcoin-based scaling service Lightning NetworkThe company Posted to x on Thursday.
Stablecoins is a $ 200 billion class of digital assets with their prices that are anchored in an external owner, mainly the US dollar. They serve as a bridge between the money released by the government and the blockchain -based digital assets, and Especially popular For day -to -day use such as payments, savings and remittances, especially in emerging countries.
While the use of stablecoin has rapidly expanded in recent years, activity and supply are mostly concentrated on intelligent contract platforms such as Ethereum, Tron and Solana.
What makes USDT integration possible with Bitcoin Taproot assets. The protocol, developed by Lightning Labs and released last year, opens ways to bring external tokens such as Stablecoins to the Bitcoin ecosystem.
