HomeStablecoinsTether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks

Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks

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Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning NetworksStablecoins are increasingly popular for everyday uses like payments, remittances and savings, and Tether’s expansion aims to spur activity to the Bitcoin-based ecosystem.By Krisztian Sandor|Edited by Stephen AlpherUpdated Jan 30, 2025, 10:03 p.m. UTCPublished Jan 30, 2025, 9:47 p.m. UTC
San Salvador — Tether, the crypto company behind the largest stablecoin, is introducing its $140 billion USDT token to Bitcoin — the blockchain that underpins the largest and oldest cryptocurrency — and Bitcoin-based scaling service Lightning Network, the company said on Thursday.Announced at the Plan B conference in San Salvador, Tether CEO Paolo Ardoino said that bringing USDT to Bitcoin and Lightning aims to offer “practical solutions for remittances, payments, and other financial applications that demand both speed and reliability.”Why Did Venice AI’s VVV Token Plummet?Keep WatchingNext video in 1 secondMore Videos0 seconds of 5 minutes, 13 secondsVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard ShortcutsEnabledDisabledShortcuts Open/Close/ or ?Play/PauseSPACEIncrease Volume↑Decrease Volume↓Seek Forward→Seek Backward←Captions On/OffcFullscreen/Exit FullscreenfMute/UnmutemDecrease Caption Size-Increase Caption Size+ or =Seek %0-9
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Live00:0305:0905:13 STORY CONTINUES BELOWDon’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newslettersSign me upBy signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.Stablecoins are a $200 billion digital asset class with their prices anchored to an external asset, predominantly the U.S. dollar. They serve as a bridge between government-issued money and blockchain-based digital assets, and are increasingly popular for everyday uses like payments, savings and remittances, especially in emerging countries.While stablecoin usage has rapidly rapidly expanded over the past years, activity and supply are mostly concentrated on smart contract platforms like Ethereum, Tron and Solana.What…

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9 COMMENTS

  1. The video is very interesting! Something I don't understand: I have TRC20 USDT in my OKX wallet and I have the recovery phrase: 《pride pole obtain together second when future mask review nature potato bulb》. How should I convert them into Bitcoin?

  2. Thanks for sharing! I need some advice: I have a TokenPocket wallet with TRC20 USDT, and I have the seed phrase. (iron observe slam major mad decorate feed photo awesome vast kitchen faint). How should I go about transferring them to Binance?

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