Tether Issues USDT on Bitcoin Lightning Network

Source
Doohyun Hwang

Summary

  • Tether announced it will issue USDT on the Bitcoin Lightning Network.
  • Paolo Ardoino, CEO of Tether, stated that this issuance will enhance Bitcoin's decentralization and security.
  • This will be a solution to improve speed and reliability for remittances, payments, and financial applications.

Stablecoin issuer Tether is issuing USDT on the Bitcoin Lightning Network.

On the 30th (local time), Paolo Ardoino, CEO of Tether, announced on the official website, "We plan to issue Tether on the Lightning Network," stating, "This will strengthen the fundamental principles of decentralization and security of Bitcoin and create solutions for remittances, payments, and other financial applications that require speed and reliability."

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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