During the recent Crypto and Digital Assets Summit held in London, Elizabeth Stark, the CEO of Lightning Labs, made an exciting announcement. She revealed that Lightning Labs is gearing up to introduce stablecoins on the Bitcoin (BTC) network. This development is made possible by harnessing the potential of Bitcoin’s Taproot update. By enabling stablecoins and tokenized assets to function on the Bitcoin network, Lightning Labs is taking a major stride in expanding the utility of Bitcoin, transforming it from a mere store of value into a versatile platform.
