Father of smart contracts, Nic Carter: Developing stablecoins on Bitcoin has huge potential.

BlockBeats reported on September 13th that during the Token2049 conference in Singapore, Nic Carter, the founder of smart contracts, spoke about stablecoins appearing on Bitcoin. Tether was originally issued on the Omni blockchain, but over time, its usage on Bitcoin has decreased while other blockchains, such as Ethereum, have adopted stablecoins more. One way to increase the value payload of each byte on the Bitcoin blockchain is by incorporating stablecoins. This can increase the economic density of Bitcoin to meet various needs, including as a monetary tool. In short, developing stablecoins on Bitcoin has enormous potential, whether through settlement on the Lightning Network or creating synthetic stablecoins based on Bitcoin. This will help meet the needs of different users, thereby increasing the practicality and attractiveness of Bitcoin.