So, who's bringing stablecoins to the Lightning Network?
@Synonym_to is working on bringing #tether onto the Lightning Network
There’s also @Liquid_BTC bringing liquid assets onto C-Lightning.
What native stablecoins are on LN now? None exist officially.
It is entirely possible that the #LightningNetwork will have native stablecoins in the future, but synthetic stablecoins using #Bitcoin are already possible today.
This is exactly the wrong way. To get to a hard money economy we need to start denominating goods and services in sats. NOT denominating sats in fiat stablecoin crutches. NO GOD! PLEASE NO!!! NOOOOOOOOOO
Been thinking up a concept of Stable Channels (USD-denominated bitcoin lightning channels)
Who else is working on this that I should talk to?
bitcoin software engineer @cashapp
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