Amboss co-founder demos stablecoin payments over Lightning using Taproot Assets
Photo: Crypto Briefing
Jesse Shrader showed USDT and USDC moving across Lightning channels, settling on Bitcoin's base layer Stablecoins have spent most of their lives on networks that are not Bitcoin . Amboss co-founder Jesse Shrader, known online as Jestopher, would like to change that. Shrader demonstrated stablecoin payments running over the Lightning Network using the Taproot Assets protocol. The demos showed USDT and USDC moving in real time across Lightning channels, with users swapping Bitcoin for stablecoin value along the way. The engine underneath is Taproot Assets. The protocol lets people issue and transfer digital assets, stablecoins included, directly on Bitcoin.
Source: Crypto Briefing
