Lightning Labs is going to create a new protocol on the BTC layer to develop a Stable currency flow throughout the world for faster and cheaper transactions using the BTC Security they showed their concern about the use of BTC network for the international payments on the competition of the Payment Processors as VISA or Master and other centralized banks systems.

According to my analysis of the whole news, Lightning Labs is not going to create a new stable coin for this purpose may be they are going to use the already existing coins as USDT USDC UST etc by the pegged technique on the layer solution of BTC Network this will directly effect the Utility of the crypto.


Lets what happens next...