Tether to Launch USDT on Bitcoin with RGB and Lightning Network Integration

Stablecoin issuer Tether has announced plans to launch its USD₮ stablecoin directly on the Bitcoin blockchain using a novel technology called RGB. RGB, a smart-contract and asset-issuance protocol working in tandem with the Lightning Network, allows issuers to create and move assets linked to Bitcoin transactions but verified off-chain. This means data is not stored on the blockchain itself, optimizing efficiency and reducing storage costs.