Lightning Labs Launches Taproot Assets to Enable Bitcoin as a Multi-Asset Network
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Lightning Labs releases Taproot Assets protocol on Bitcoin mainnet, enabling issuance of stablecoins and other assets.
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Aims to make Bitcoin a multi-asset network while upholding its core values.
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Sees Taproot Assets as the dawn of a new era for Bitcoin.
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Goal is to enable foreign exchange transactions settled on Lightning Network.
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Challenge will be meeting demand for stablecoins without congesting Bitcoin network.