USDT To Bitcoin (Lightning) - Why?

in LeoFinance14 days ago

▶️ Watch on 3Speak


I have long tried to frame Bitcoin in the proper light. We now have another affirmation of what I have claimed over the last few years.

Tether annunced it will bring USDT to Bitcoin and Lightning networks. Why is that happening?

This makes sense for Tether but it also highlights a flaw with Bitcoin itself. Why is a medium of exchange if BTC serves as that?

We dig into it.

Here is the article mentioned in the video:

https://www.forbes.com/sites/digital-assets/2025/02/01/tether-to-introduce-usdt-to-bitcoin-and-the-lightning-network/


▶️ 3Speak

Sort:  

Many people do not prefer to use the BTC lightning network somehow.

If they're going to start running other cryptos on Lightning, they should also add Litecoin, which they used to develop it.

Congratulations @taskmaster4450! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You have been a buzzy bee and published a post every day of the week.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Our Hive Power Delegations to the January PUM Winners
Feedback from the February Hive Power Up Day
Hive Power Up Month Challenge - January 2025 Winners List

Why USDT over Lightning?
How does this work?
USDT is an Ethereum token, one of the first. How can it be on Bitcoin Lightning unless it's wrapped|? Or swapped instantly to Bitcoin , transmitted and then swapped back. but why? People can simply convert their fiat into USDT and transfer it via USDT blockchain (ethereum).

Hello taskmaster4450!

It's nice to let you know that your article will take 14th place.
Your post is among 15 Bestblind-spot articles voted 7 days ago by the @hive-lu | King Lucoin Curator by

You receive 🎖 0.1 unique LUBEST tokens as a reward. You can support Lu world and your curator, then he and you will receive 10x more of the winning token. There is a buyout offer waiting for him on the stock exchange. All you need to do is reblog Daily Report 564 with your winnings.

2.png


Invest in the Lu token
Buy Lu on the Hive-Engine exchange | World of Lu created by szejq (Lucoin) and get paid. With 50 Lu in your wallet, you also become the curator of the @hive-lu which follows your upvote.

If you no longer want to receive notifications, reply to this comment with the word STOP or to resume write a word START