Lightning Labs Wants to 'Bitcoinize the Dollar' with Stablecoins â How Does it Work?
#Crypto NewsAllCryptonews News Lightning Labs Wants to 'Bitcoinize the Dollar' with Stablecoins â How Does it Work? Lightning Labs Wants to 'Bitcoinize the Dollar' with Stablecoins â How Does it Work?Lightning Labs, one of the major firms responsible for developing Bitcoinâs lightning network, has released the mainnet alpha of its long-awaited âTaproot Assetsâ protocol on Wednesday, allowing stablecoins and other tokens to functionally trade on Bitcoin.In its Wednesday announcement, the firm touted its release as âthe dawn of a new era for bitcoin,â effectively transforming it into a âglobal routing network for the internet of money.ââWe 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,â wrote Ryan Gentry, Lightning Labsâ Director of Business.
â Is it Time to Dump Solana and Focus on BNB Smart Chain Now That CZ is Crypto King?
âłïž Solana dropped over 40% in the last 24 hours and nearly 50% in the last seven days. Recently, Solanaâs SOL token was one of the biggest losers in the digital asset markets.
Crypto experts speculated that Solanaâs SOL token could be linked to the current crisis involving Sam Bankman-FTX Friedâs exchange and his trading firm,⊠#xrp #Solana #bitcoin #BinanceSquare #BitcoinWorld
â Is it Too Late to Buy Ripple? Or is Avalanche or This New Crypto Project a Better Investment?
âłïž 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.
Rippleâs recent signs of a potential price resurgence and Avalancheâs steady performance around the $17 mark haveâŠ