Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks

  • Article

Name

Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks

Description

Tether has launched its $140 billion USDT stablecoin on Bitcoin’s base layer and Lightning Network using the Taproot Assets protocol. The move expands stablecoin utility beyond smart contract platforms, aiming to improve payments, remittances, and financial transactions with Bitcoin’s security and Lightning’s scalability.

Types

Article

Authors

Krisztian Sandor

Publish date

9:47pm, Thursday, January 30, 2025

Publisher

CoinDesk

Related projects

Bitcoin
Tether

Web URL

https://www.coindesk.com/business/2025/01/30/tether-brings-its-usd140b-usdt-stablecoin-to-bitcoin-and-lightning-networks

Referenced by

Tether expands USDT to Bitcoin

Crypto news

News story

Tether CEO Paolo Ardoino said that bringing USDT to Bitcoin and Lightning aims to offer "practical solutions for remittances, payments, and other financial applications that demand both speed and reliability.”

Crypto news

Quote

The protocol, developed by Lightning Labs and released last year, opens the way to bring external tokens like stablecoins to the Bitcoin ecosystem

Crypto news

Quote