USDT Pilot Brings Tokens to Bitcoin’s Lightning


Bitcoin business Synonym sent out the very first USDT stablecoin deal on the Lightning Network previously today to show how Bitcoin and Lightning might be leveraged for fast and low-cost issuance and transfer of tokens and credit.

While Bitcoin supplies a decentralized and immutable financial network and Lightning allows the scaling of that system with a payment procedure, Synonym argues tokens might bring additional development to the community as they enable the issuance of personal credit and track record on top of the robust 2 layers. At the very same time, tokens can gain from Lightning’s immediate and low-fee deals for a much better user experience.

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