The USD1 stablecoin has been successfully integrated into the Bitcoin Thunderbolt Network, marking a significant step in the development of cryptocurrency payment systems. This integration promises to greatly expand Bitcoin's capabilities for transactions using stablecoins.
What is USD1 and Its Integration
The USD1 stablecoin now fully operates on the Bitcoin Thunderbolt Network, allowing users to transact directly on Bitcoin's main blockchain. This achievement was confirmed by an advisor from World Liberty Financial (WLFI), the company behind the project, pointing to a connection with the Trump family. The integration of USD1 is projected to represent over 90% of the transaction volume on the Thunderbolt Network.
Impact on Bitcoin Market
The integration of USD1 has been positively received by the crypto community, with many experts forecasting a significant expansion of Bitcoin's use in payments. Data from CoinMarketCap shows that Bitcoin (BTC) maintains a dominant market position, currently priced at $107,857.33 and with a market capitalization of over $2 trillion.
Future Prospects for the Market
The integration of USD1 may improve Bitcoin's liquidity and contribute to its broader acceptance as a payment method. The reliable backing of USD1 with US treasury assets is expected to provide a foundation for its institutional acceptance.
Thus, the integration of USD1 stablecoin into the Bitcoin Thunderbolt Network is a key step towards expanding Bitcoin's capabilities as a platform for efficient financial transactions. This is anticipated to increase user interest and significantly change the landscape of digital payments.
