Lightning Labs Enables Lightning Multi-Asset Protocol with Taproot Assets

IconCryptoNewsTerminal Staff23 Jul, 2024

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Lightning Labs Enables Lightning Multi-Asset Protocol with Taproot Assets

Lightning Labs announced the release of Taproot Assets on Lightning v0.4, a multi-asset protocol for the Bitcoin Lightning Network. With this update, users can issue and transfer assets like stablecoins on the Lightning Network. This advancement enhances the network's capabilities, making it a more versatile platform for financial transactions.