Lightning Labs has finally released their highly anticipated colored coins protocol, which has been the subject of litigation.

Their plan is to incorporate stablecoins into this protocol, enabling atomic swaps over lightning networks, ultimately paving the way for peer-to-peer exchanges.

This undertaking is significant due to the extensive infrastructure that needs to be built around it, including wallets and other related components.

As the pioneers of all these necessary elements, Lightning Labs will play a crucial role in making this protocol a reality. Only time will tell if the market embraces and adopts this innovative technology.

Taproot Assets on Lightning: The Global Financial Interoperability Layer ⚡💱
https://lightning.engineering/posts/2024-07-23-taproot-assets-LN/