Am I correct in thinking this is arguing for synthetic stablecoins?
Would Standard Sats be considered a separate stablecoin from say USDC or act as a framework for USDC to adopt?
reply
Sorry for late reply. Yes, it somehow construct synthetic stablecoin since there is no new token involved.
However, there is possible also "banking" model when Fiat Channel provider accepts stablecoin tokens and opens a channel for client so he or she can transact over LN in any moment in time.
reply
A bit more words about project Standard Sats. Please support it sharing with hashtag #BitcoinBankathon
reply