Tether CTO: RGB protocol represents the "best opportunity" for issuing stablecoins on Bitcoin.
According to BlockBeats news on October 19th, Tether CTO Paolo Ardoino stated in an interview with The Block that the RGB protocol represents the "best opportunity" for issuing stablecoins on Bitcoin. Ardoino claimed that many well-known figures in the Bitcoin community unanimously support RGB and "we believe that RGB integrates all the right elements and can become a legitimate successor to Omni."
The RGB protocol aims to bring a new era of digital assets, smart contracts, and digital rights, and has received widespread support from major industry participants. Tether previously stated that once USDT is launched on RGB, the world will witness a powerful and scalable USDT on the Bitcoin layer.