Tether has just announced that his flagship Stablecoin, USDT, will be broadcast directly on the Bitcoin network. This will be possible thanks to the use of the RGB protocol, which will allow you to throw the Ethereum and Throne glove.
Tether on Bitcoin
Interestingly, everything means a return to the roots: Stablecoin was originally launched on the Omni Bitcoin layer in 2014. Only then did he find other blockchains due to scalability restrictions.
Exactly, scalability! Will the project work out? After all, the BTC network will not provide USDT with such fast efficient transmission as in the case of Ethereum. The key to success is the mentioned RGB protocol, which offers interesting technology. The point is that, unlike traditional solutions, in which all transaction data is saved in a block chain, RGB stores information on assets on user devices, and only their cryptographic evidence joins transactions in the Bitcoin network. Therefore, this architecture solves Bitcoin restrictions without the need for changes in the basic protocol. The design reduces blockchain overload, increases privacy and enables compatibility with lightning network.
The protocol allows users to store and send USDT along with Bitcoins in the same portfolio, carry out private transactions that do not reveal balances or flows in the chain, and even perform offline transfers. A kind of bridge is also possible, which allows USDT transmission from Ethereum to RGB.
Ethereum and throne glove thrown?
RGB positions Bitcoin as a competition for Ethereum and Tron, which currently support most USDT supply. Industry experts suggest that this movement can speed up the wider adoption of Stablecoin in the Bitcoin network. Some believe that the Lightning Network network can captivate 5% of the Stablecoin volume until 2028.
RGB integration also allows immediate settlement thanks to Lightning Network, potentially making Bitcoin payments competitive to traditional payment systems while maintaining a decentralized network security model. Tether has not yet provided a specific schedule for implementing a new idea, but the company confirmed that its development teams work closely with RGB creators.
