RGB Protocol to bring tokenized assets, USDT to Bitcoin
Boosty Labs founder and CEO Viktor Ihnatiuk told Cointelegraph that Tether’s USDT will be RGB’s first real-world use case for stablecoin transfers on Bitcoin.
Smart contract and asset issuance system RGB Protocol said it had launched on the Bitcoin mainnet, enabling tokenized assets like stablecoins, non-fungible tokens (NFTs) and custom tokens within the Bitcoin ecosystem.
On Thursday, the protocol announced that tokenization tools allowing users to create, send and manage digital assets on Bitcoin and the Lightning Network were available.
The protocol said it enables new tokenization functions on top of the network, while preserving its principles of decentralization, privacy and self-custody.
