Lightning Labs to introduce Stablecoins to the Bitcoin Lightning Network

October 20th, 2023
Lightning Labs, a major proponent of Bitcoin's layer-2 Lightning Network, has unveiled its groundbreaking initiative to "Bitcoinize the dollar," fostering the creation of stablecoins and various financial assets using Bitcoin's infrastructure via the Lightning Network. The introduction of "Taproot Assets" on the mainnet marks a significant leap forward for the Bitcoin Protocol.
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