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Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network

Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network

by Bitcoin.com August 11, 2024 1 min read

(Originally posted on : Bitcoin News )

Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled out by Lightning Labs, seeks to bring all the benefits of LN to […]

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