The introduction of USDT (Tether) to Bitcoin and Lightning through Taproot Assets has stirred a mix of enthusiasm and skepticism within the crypto community. Many users see it as a positive development, citing increased liquidity and payment capabilities. Supporters like Jesse Shrader, CEO of Amboss, highlight USDT’s significant global demand and its potential to process large-scale payments efficiently. Nevertheless, there are concerns about the technical implications and security risks to Bitcoin, especially reminiscent of past events like the Blocksize War, leading skeptics to maintain a cautious stance on this integration.
From a business perspective, it's hard to argue that the above aren't good reasons to bring USDT to Lightning. And, as someone who believes that people should be free to use whatever money they want, I can't argue with them when looking at them through a practical lens.
USDT will bring more liquidity to the Lightning Network, which will help the network grow and handle bigger payments.
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