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Lightning Labs plans to launch stablecoin on Bitcoin chain

Lightning Labs plans to launch stablecoin on Bitcoin chain

CointimeCointime2024/05/16 03:10
By:Cointime

Elizabeth Stark, CEO of Lightning Labs, recently announced that the company plans to launch stablecoins on the Bitcoin blockchain. The company has already conducted test transactions using assets created with the Taproot Assets protocol in their laboratory. Stark stated that these stablecoins will utilize the efficiency and low transaction costs of the Lightning network to provide users with faster and lower-cost payment solutions.

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