Stablecoins on Bitcoin coming soon, says Lightning Labs CEO

Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto summit and teased a new development on Bitcoin’s leading layer 2.

Stablecoins running on Bitcoin are edging closer to reality through new functionality built by Lightning Labs using the network’s Taproot upgrade implemented in late 2021.

Elizabeth Stark, CEO of Lightning Labs, unpacked the latest development from the Bitcoin development firm at FT Live’s Crypto and Digital Assets summit in London.

The firm’s co-founder also gave an eloquent explainer of Bitcoin and the Lightning Network to an audience of traditional finance players.

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