Lightning Labs Unveils Taproot Assets Alpha, Introducing Stablecoins to Bitcoin

Lightning Labs, a layer-2 infrastructure company, has announced the alpha release of Taproot Assets on the mainnet. This new protocol aims to facilitate the issuance of stablecoins and real-world assets on both the Bitcoin and Lightning Network.

The latest version, Taproot Assets v0.3, is designed to offer a comprehensive developer experience for issuing, managing, and exploring stablecoins and other assets on the Bitcoin blockchain. Ryan Gentry, the head of business development at Lightning Labs, highlighted its capabilities in this regard.