USDT Pilot Brings Tokens to Bitcoin’s Lightning

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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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