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0 sats \ 0 replies \ @SwapMarket 5h \ parent \ on: Addressing compliance confusion wrt Tether and Taproot Assets bitcoin
Exactly my point. But I think it can be completely untraceable given that a UTXO can confidentially hold BTC or USDT, and people can discretely swap BTC back and forth to LN. By the time some USDT amount shows up at a KYC exchange its history can be totally obfuscated.
One can also privately trade BTC/USDT via our non-KYC exchange.