Lightning Labs Wants to 'Bitcoinize the Dollar' with Stablecoins – How Does it Work?
#Crypto NewsAllCryptonews News Lightning Labs Wants to 'Bitcoinize the Dollar' with Stablecoins – How Does it Work? 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.”“We believe this new era for bitcoin will see a myriad of global currencies issued as Taproot Assets, and the world's foreign exchange transactions settled instantly over the Lightning Network,” wrote Ryan Gentry, Lightning Labs’ Director of Business.
✅ Is it Time to Dump Solana and Focus on BNB Smart Chain Now That CZ is Crypto King?
✳️ Solana dropped over 40% in the last 24 hours and nearly 50% in the last seven days. Recently, Solana’s SOL token was one of the biggest losers in the digital asset markets.
Crypto experts speculated that Solana’s SOL token could be linked to the current crisis involving Sam Bankman-FTX Fried’s exchange and his trading firm,… #xrp#Solana#bitcoin#BinanceSquare#BitcoinWorld
✅ Is it Too Late to Buy Ripple? Or is Avalanche or This New Crypto Project a Better Investment?
✳️ TradingView / XRP Price Chart 04-26-23
As the cryptocurrency market continues to evolve, investors are closely monitoring the performance of established assets like Ripple and Avalanche, while also keeping an eye out for emerging opportunities in the space.
Ripple’s recent signs of a potential price resurgence and Avalanche’s steady performance around the $17 mark have…