Wallet of Satoshi just launched a beta feature that adds self-custodied digital dollars alongside Bitcoin in a single Lightning wallet.
The company said stablecoins were “coming either way” and argued they are better on Lightning than altcoin chains, better in self-custody than in a bank, and better held alongside Bitcoin than separately.
Users who prefer a Bitcoin-only experience can disable the Digital Dollars feature in Settings and continue using the app as before.
Is there any info on how it’s implemented? Are they using taproot assets?
i did not find anything about this on their website. What kind of implementation is this? Is it proprietary or compatible with other wallets? Who holds the forex and counterparty risk?
I think it's USDB because WoS using Spark.
They are right that stable coins are coming no matter what.
I’m hoping people eventually figure out that there is a better way, currency that nobody can inflate, but this is happening now.
USDT BTC?
https://twiiit.com/walletofsatoshi/status/2077604796618752318