Tether has said that its USDT stablecoin will now be included in the ecosystem of Bitcoin, including the Lightning Network, therefore signifying a major advance in stablecoin usage. Revealed during the Plan B conference in San Salvador on January 30, the integration will let USDT transactions take advantage of the Bitcoin base layer and its fast Lightning Network.
Especially for remittances and daily payments, this measure will provide more affordable and quick transactions. Paolo Ardoino, the CEO of Tether, underlined that this integration seeks to offer consumers in need of quick and consistent financial services workable alternatives. Elizabeth Stark, CEO of Lightning Labs, underlined that this will enable millions of individuals to move US dollars all around using Bitcoin, the safest blockchain.
The Taproot Assets protocol—introduced by Lightning Labs—allows tokenized assets like USDT to run straight on Bitcoin, hence enabling the integration. Because the Lightning Network guarantees very instantaneous transactions and reduced fees, this invention creates new micropayment possibilities.
With a market capitalization of $139.4 billion, Tether is the biggest stablecoin; it has been crucial in worldwide cryptocurrency transactions, handling over $10 trillion in 2024 alone. Tether continues to demonstrate its significance in digital payments through its integration into Bitcoin’s architecture.
