Lightning Labs Unveils Taproot Assets Alpha, Paving the Way for Stablecoins on Bitcoin

Lightning Labs, a prominent Bitcoin layer-2 infrastructure company, has introduced the mainnet alpha version of Taproot Assets, a groundbreaking protocol designed to facilitate the issuance of stablecoins and real-world assets on the Bitcoin and Lightning Network.

Taproot Assets version 0.3, the current iteration, promises a “feature-complete developer experience” for issuing, managing, and exploring stablecoins and various other assets within the Bitcoin blockchain. Ryan Gentry, the Head of Business Development at Lightning Labs, shared these insights.