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Tether Issues USDT on Bitcoin Lightning Network

Source
Doohyun Hwang
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  • Tether announced it will issue USDT on the Bitcoin Lightning Network.
  • Paolo Ardoino, CEO of Tether, stated that this issuance will enhance Bitcoin's decentralization and security.
  • This will be a solution to improve speed and reliability for remittances, payments, and financial applications.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Stablecoin issuer Tether is issuing USDT on the Bitcoin Lightning Network.

On the 30th (local time), Paolo Ardoino, CEO of Tether, announced on the official website, "We plan to issue Tether on the Lightning Network," stating, "This will strengthen the fundamental principles of decentralization and security of Bitcoin and create solutions for remittances, payments, and other financial applications that require speed and reliability."

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