Tether has made a strategic investment in Speed, a prominent Bitcoin Lightning Network infrastructure company, marking a significant step toward broader USDT adoption on Layer 2 solutions. This move underscores Tether's commitment to enhancing stablecoin utility beyond traditional on-chain transactions. By backing Speed, Tether aims to facilitate faster, cheaper USDT transfers through the Lightning Network, tapping into the growing demand for scalable payment solutions in the crypto ecosystem. The collaboration signals renewed focus on practical use cases for stablecoins in everyday transactions, positioning USDT as a key player in Bitcoin's scaling infrastructure.
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PseudoIntellectual
· 8h ago
The Lightning Network is about to take off, and USDT is playing its cards well.
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GasFeeVictim
· 12-17 04:18
USDT is finally going to do something substantial. The Lightning Network hasn't been properly utilized, and whether this investment is reliable depends on what happens next.
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GweiObserver
· 12-17 00:00
Tether is speeding up, finally not just focusing on on-chain. The Lightning Network is definitely a direction that should be taken seriously.
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bridge_anxiety
· 12-16 23:35
USDT really needs to be usable first by completing the Lightning Network; otherwise, it's all just talk on paper.
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Ser_APY_2000
· 12-16 23:33
Lightning Network fast payments have long needed someone to develop them. It's great to see Tether taking action, but will it actually come to fruition this time?
Tether has made a strategic investment in Speed, a prominent Bitcoin Lightning Network infrastructure company, marking a significant step toward broader USDT adoption on Layer 2 solutions. This move underscores Tether's commitment to enhancing stablecoin utility beyond traditional on-chain transactions. By backing Speed, Tether aims to facilitate faster, cheaper USDT transfers through the Lightning Network, tapping into the growing demand for scalable payment solutions in the crypto ecosystem. The collaboration signals renewed focus on practical use cases for stablecoins in everyday transactions, positioning USDT as a key player in Bitcoin's scaling infrastructure.