The StableCoin giant undertakes to issue Usdt⃫ on Bitcoin and Lightning in the near future using RGB technology.
Paolo Ardoinino, CEO from Tether: “With RGB Usdt⃫ receives a powerful new way on Bitcoin.”
Tether announced his intention today USDT⃫ on RGB to spend a next generation protocol for the issue and transaction of digital assets on Bitcoin and the Lightning Network. The RGB Protocol Association Wels the announcement as a strong signal for developers and institutions who are looking for private, scalable and user-controlled asset rails in the safest network in the world.
RGB reached the publication of the version at the beginning of this year V0.11.1 The Minain readiness, so that developers are now assets with the help of client side validation and can output and manage Bitcoin as commitment layers. This design keeps asset data outside the blockchain, while evidence of Bitcoin transactions is linked-which minimizes overloading of the blockchain, which is privacy and enables Lightning compatibility.
„Bitcoin deserves a stable coin that feels really native, lightweight, private and scalable “, said Paolo ArdoinoCEO of Tether. “With RGB, USDT⃫ receives a powerful new way on Bitcoin, which confirms our conviction that Bitcoin is the basis for a freer financial future.”
With USDT⃫ ON RGB, users and service providers will be able:
- USDT⃫ Together with Bitcoin in the same wallet toohold and transfer;
- Private transactions validated by the customer to use that do not disclose balances or movements in the blockchain;
- The Lightning Network To integrate in order to achieve immediate billing results with RGB’s van.
That’s why that’s important
RGB extends Bitcoin beyond a pure investment and enables Stable coins, tokenized assets and programmable rightsthat take over the security model from Bitcoin and at the same time keep control of users. The introduction by large issuers such as Tether can support Wallets, acceptance by dealers and cross -chain cross -chain liquidity bridges Without new L1 opcodes or changes in consensusdrive forward.
For developers and integrators
Association invites Wallets, stock exchanges, payment processors and infrastructure providers to join working groups that integrate RGB20 (fungible Assets), Lightning-Transfers and Bridge Connectors Drive up to expand Usdt⃫ and other assets about Bitcoin native rails.
Information on the RGB Protocol Association
Die RGB Protocol Association is a Swiss non-profit organization that works for the development, standardization and introduction of RGB-private and scalable digital contracts for Bitcoin and Lightning-through open collaboration with companies, researchers and the broader free software community. You can find more information at rgbprotocol.org.
Official announcement:
https://tether.io/news/tether-to-launch-usdt-on-rgb-expanding-native-bitcoin-stablecoin-support/
Media and partnerships press@rgbprotocol.org
Resources: rgb.info | github.com/rgb-protocol
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