Lightning Labs Wants to ‘Bitcoinize the Dollar’ with Stablecoins – How Does it Work?

Lightning Labs, one of the major firms responsible for developing Bitcoin’s lightning network, has released the mainnet alpha of its long-awaited “Taproot Assets” protocol on Wednesday, allowing stablecoins and other tokens to functionally trade on Bitcoin.
In its Wednesday announcement, the firm touted its release as “the dawn of a new era for bitcoin,” effectively transforming it into a “global routing network for the internet of money.”…
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