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

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 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 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 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 Next UpCardano CTO on Transition to Full Decentralized Governance09:28Auto270p1080p720p406p270p180p 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... https://www.coindesk.com/business/2025/01/30/tether-brings-its-usd140b-usdt-stablecoin-to-bitcoin-and-lightning-networks #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #news ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple