According to Foresight News, IPN (Interstellar Payment Network) announced that it will use the RGB++ protocol to build a native payment network on the Bitcoin (BTC) mainnet and launch a programmable stablecoin USDI to promote the large-scale application of BTCFi and the Lightning Network. IPN's vision is to provide a secure, convenient, and low-cost payment service network for global business, promote the development of inclusive finance, and achieve convenient cross-border payments. At present, IPN has established partnerships with CKB Eco Fund, Matrixdock and other institutions.
USDI will be 1:1 anchored to the corresponding currency, 100% backed by high-credit, high-liquidity assets, and issued using a UTXO structure, aiming to improve efficiency and security, and provide native stablecoin support for all UTXO asset structure blockchain systems including BTC, CKB, DOGE, and BCH. The use of the IPN network will strictly comply with relevant regulatory requirements such as Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and Know Your Customer (KYC).
