Tether has announced that his stablecoin, USDT, is now integrated into the Bitcoin network, including the base layer and the lightning network. This movement is made possible via Taproot assets, a new protocol developed by Lightning Labs. The integration is intended to improve the Bitcoin ecosystem by combining its strong security with the fast and cheap transactions of the lightning network. With this update, users can now enjoy improved scalability and efficiency when using USDT on Bitcoin. The development reinforces the role of Tether in the crypto space and increases the acceptance of stablecoins on the Bitcoin network. This is an important step to expand the Bitcoin utility, beyond a store for value.
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