You beat me to it.

I think this is gonna kind of cause some folks some discomfort.

There’s a new and low-cost way to quickly send U.S. digital dollars around the world without a bank. And it’s built on bitcoin.

Blockchain start-up Lightning Labs announced Tuesday that it’s launching the Taro protocol, a technology that will route fiat-pegged stablecoins and other digital assets through the bitcoin monetary network. The project is still in development mode.

Taro uses Lightning, a payments platform built on top of bitcoin’s base layer that enables global, high volume, virtually instantaneous, and low-fee transactions using the security of the bitcoin blockchain.
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You can think of Taro’s payment workflow as enabling bitcoin to serve as a hybrid of the SWIFT financial messaging system (the communication layer) and correspondent banking (routing component).
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But Lightning Labs says that the Taro protocol marks a major step in Lightning’s capacity to serve as the underlying value transfer protocol of the internet.

“From our standpoint, we’re particularly interested in the fiat and stablecoin aspects, because we’re really big into emerging markets,” explained Stark. “That’s something near and dear to our hearts. We’ve seen a lot of adoption there, and there’s a big demand for that.”

The ultimate goal is to create a frictionless on-ramp to the global economy requiring only a mobile phone, in order to include as many people as possible in the process.