@lemniscap
Inspired by Tether's recent announcement of issuing USDT as a Taproot Asset on Bitcoin, @hiro explores:
• Bitcoin’s evolution into a multi-asset platform via Taproot Assets and Lightning
• Features of Taproot Assets that make it a strong competitor in the tokenization market
• How Lighting facilitates fast, low-cost asset transfers and atomic swaps, all routed in BTC
• A comparison of Bitcoin as a tokenization platform with other blockchains and traditional payment systems
Read the full report: https://paragraph.xyz/@lemniscap/tokenization-on-bitcoin
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