Tether Bets on Bitcoin L2: USDT Eyes RGB and Taproot, Retires Five Chains
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Tether, the world’s largest stablecoin issuer, is exploring new ways to expand USDT on Bitcoin. The company announced plans to potentially support Taproot Assets and RGB, two Bitcoin Layer 2 protocols linked to the Lightning Network. These technologies are not yet live but could provide a native Bitcoin framework for USDT in the future. https://twitter.com/Tether_to/status/1961037059331678674 This expansion comes as part of Tether’s broader infrastructure review, which also involves winding down support for older blockchain implementations. According to the July announcement, USDT support on five legacy chains — Bitcoin Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand — will cease
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3h ago•
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