Demex Daily #339: Tether Integrates USDT with Bitcoin Lightning
What’s Interesting Today:
Tether is integrating its USDT stablecoin into Bitcoin’s Lightning Network using the Taproot Assets protocol, developed by Lightning Labs. Announced at the Plan B conference in El Salvador, the integration allows merchants using Lightning to accept USDT alongside BTC. This move aims to enhance global dollar transfers, support emerging markets, and enable new transaction use cases, including AI and autonomous vehicles. Tether, now based in El Salvador, continues expanding, processing $10 trillion in transactions in 2024 across multiple blockchains.
EigenLayer and Cartesi are collaborating to drive mainstream crypto adoption through AI and blockchain innovations. They are hosting a hackathon from Feb. 10-18, focused on creating transformative decentralized applications (DApps). With the third Cartesi Experiment Week, they aim to explore real-world computation on-chain. Experts believe blockchain’s integration with AI, particularly verifiable AI, could be the next “killer app” for crypto, offering trust and reliability in sectors like finance and healthcare. Additionally, AI-powered crypto trading is expected to gain traction in 2025, outpacing human traders with precision and efficiency.
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