During the Crypto and Digital Assets Summit held in London, Elizabeth Stark, the CEO of Lightning Labs, made an exciting revelation. She stated that their team is currently gearing up to introduce stablecoins on the Bitcoin (BTC) network. This development is made possible by leveraging the advantages of Bitcoin’s Taproot update. By doing so, Lightning Labs is pushing the boundaries of Bitcoin’s potential, allowing stablecoins and tokenized assets to function seamlessly on the network, thereby expanding its utility beyond its traditional role as a store of value.
