Lightning Labs Launches Taproot Assets to Enable Stablecoins and Real-World Assets on Bitcoin
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Lightning Labs has released Taproot Assets alpha to enable stablecoins and real-world assets on Bitcoin and Lightning Network.
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Taproot Assets v0.3 provides a feature-complete developer experience to issue, manage, and explore stablecoins on Bitcoin blockchain.
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With Taproot Assets, developers can issue financial assets on-chain in a scalable manner, marking a new era of multi-asset Bitcoin.
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The integration will extend Bitcoin’s network effects and move it closer to "bitcoinizing the dollar" per Lightning Labs' Ryan Gentry.
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Nearly 2,000 Taproot Assets were minted on testnets leading up to the mainnet alpha launch.