- Tether is launching its $140 billion USDT stablecoin on the Bitcoin and Lightning Networks, aiming to expand its role in the Bitcoin-based financial ecosystem.
- The integration, enabled by Lightning Labs' Taproot Assets protocol, allows USDT issuance on Bitcoin’s base layer and transactions on Lightning Network, offering faster and cheaper payments.
- Tether's move marks a shift for stablecoins, which have primarily thrived on smart contract platforms like Ethereum, Tron, and Solana.
Financial Market Newsflash
Tuesday, April 22, 2025
No financial news published today. Check back later.