In brief
- Stablecoin giant Tether is bringing USDT to the Bitcoin network.
- Users will be able to spend their stablecoins on Bitcoin’s network via the RGB protocol.
- Tether says it wants Bitcoin to be “everyday money.”
Stablecoin giant Tether is pushing further into the Bitcoin ecosystem, announcing on Thursday that it would make its USDT token available on the largest crypto network via the RGB protocol.
RGB allows users to issue assets on the blockchain, opening “the door for stablecoins to exist natively on Bitcoin,” Tether said in a press release.
“For Tether, this means USDT can be transacted directly on the world’s most secure and decentralized network, bringing fast, private, and lightweight payments to billions of people globally,” the company said in the release.
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Author: Mathew Di Salvo
