Tether, the crypto firm behind the world’s largest stablecoin, is bringing its $140 billion USDT token to Bitcoin.

Stablecoins like USDT are increasingly popular for everyday uses like payments, remittances and savings, and Tether's expansion aims to spur activity to the Bitcoin-based ecosystem.

Tether integrates USDT into the Bitcoin Lightning Network. The launch comes amid mounting scrutiny over Tether’s audits and EU exit. Despite regulatory challenges, Tether recently

The stablecoin issuer's choice to bring USDT back to Bitcoin is a massive win for the Lightning Network and Joltz's bet on Taproot Assets.

Lightning Labs, the company behind Bitcoin layer 2 Lightning Network, is using the Taproot Assets protocol to integrate Tether’s USDT stablecoin. Tether said it’s bringing its namesake stablecoin to Bitcoin through the layer 2 scaling service, the Lightning Network.

Tether, which claims to be one of the largest companies in the digital assets industry, announced the integration of USDt into Bitcoin’s ecosystem.

Tether announced the integration of USDT with Bitcoin's base layer and Lightning Network using Taproot Assets protocol, enabling faster transactions and expanding payment possibilities while maintaining Bitcoin's security features.

Tether's USDt joins Bitcoin's Lightning Network for faster, low-cost transactions, enhancing financial applications and global reach.

Tether announced the expansion of its stablecoin's reach to the Bitcoin network through the Lightning Network, a layer 2 scaling solution. This development was revealed by Tether CEO Paolo Ardoino and Lightning Labs CEO Elizabeth Stark at the Plan B conference in San Salvador,