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WLFI Advisor: Stablecoin USD1 Integrated on Bitcoin Lightning Network

7 hours ago

On June 16th, an advisor for the Trump family's crypto project WLFI stated that WLFI has officially integrated its stablecoin USD1 into the Bitcoin Thunderbolt Network initiated by Nubit. Currently, USD1 is the only stablecoin operating on the Bitcoin network (previously, Tether had suspended the Omni version of USDT). This collaboration has established a fast and efficient channel for the utilization of stablecoins on the Bitcoin mainnet. Users can now directly transfer and receive USD1 on the Bitcoin mainnet and use it to purchase nodes on the Thunderbolt Network. The in-depth collaboration between WLFI and Nubit is expected to significantly expand Bitcoin's application scenarios in stablecoins and payment networks. The USD1 deployed on the Bitcoin Thunderbolt Network is projected to account for more than 90% of its circulation volume. Previously, on April 15th, HSBC's official news revealed that the Bitcoin Thunderbolt Network introduced UTXO Bundling and OP_CAT instructions through a mainnet soft fork, enabling native asset issuance, transaction acceleration, and smart verification on-chain. Real-world testing showed that the network's efficiency improved by 1,000-2,000 times compared to the original chain. The network was jointly proposed by early Bitcoin miners, core developers, and the Nubit team.
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