“Stablecoins on Lightning Network.
The ability to move USD around at the speed of light, on an open, interoperable, global network. All over Bitcoin rails.
We believe this will be a critical inflection point for the Lightning Network. 💸
There are a number of different approaches to this problem.
@GaloyMoney
has built Stablesats (we're currently working to integrate Kollider here)
@lightning
Labs is building Taro, which will enable third parties (like Circle, Tether, etc) to issue tokenized stablecoins
And finally, there are our very own synthetic stablecoins.
These are derivative-backed stablecoins built on Kollider Exchange. And integrated directly into Kollider Wallet.
Here's how they work:”
https://twitter.com/kollider_trade/status/1608646737392185344?s=20&t=YfulB3wuvVvSYCCbVvUrFQ
https://twitter.com/kollider_trade/status/1582745803973541888?s=20&t=YfulB3wuvVvSYCCbVvUrFQ
Sovereign Matt
npub1fl…zeknp
2022-12-30 05:58:45 UTC
Author Public Key
npub1fl7pr0azlpgk469u034lsgn46dvwguz9g339p03dpetp9cs5pq5qxzeknpPublished at
2022-12-30 05:58:45 UTCEvent JSON
{
"id": "64509b0eca2db3cf3b54f74d46a0c53c6a956b1918789df645f145c6bb55d460",
"pubkey": "4ffc11bfa2f8516ae8bc7c6bf82275d358e47045446250be2d0e5612e2140828",
"created_at": 1672379925,
"kind": 1,
"tags": [],
"content": "“Stablecoins on Lightning Network. \n\nThe ability to move USD around at the speed of light, on an open, interoperable, global network. All over Bitcoin rails. \n\nWe believe this will be a critical inflection point for the Lightning Network. 💸\n\nThere are a number of different approaches to this problem. \n\n@GaloyMoney\n has built Stablesats (we're currently working to integrate Kollider here)\n\n@lightning\n Labs is building Taro, which will enable third parties (like Circle, Tether, etc) to issue tokenized stablecoins\n\nAnd finally, there are our very own synthetic stablecoins. \n\nThese are derivative-backed stablecoins built on Kollider Exchange. And integrated directly into Kollider Wallet. \n\nHere's how they work:”\n\nhttps://twitter.com/kollider_trade/status/1608646737392185344?s=20\u0026t=YfulB3wuvVvSYCCbVvUrFQ\n\nhttps://twitter.com/kollider_trade/status/1582745803973541888?s=20\u0026t=YfulB3wuvVvSYCCbVvUrFQ",
"sig": "3c9467fed2bbbf109637297f201bb73387703939320177224ac5cb7bbf52e6b970b40a4a207d84db5b093346e4c9f7b4cb831ad83c9abcb58b7cc6dab05f370f"
}