Awesome USDT on the Lightning Network is the ultimate answer to high-frequency trading in the future! Last night, the CEO of Tether pointed out the essential differences between the Lightning Network and other Layer 2 platforms such as Ethereum in an interview. He stated that Layer 2 on Ethereum has a fatal flaw: they share a single state, which means all nodes must synchronize every transaction and wallet balance in real-time across the entire network. Not only that, many Layer 2 layers only have a very small number or even a single verification node, which is simply not "encrypted" at all, completely lacking in decentralization! As a point-to-point state channel, the Lightning Network perfectly solves this pain point. You can establish a dedicated channel with others, and under the protection of a smart contract verified by the client, the two can conduct countless transactions at the speed of light. Until you no longer wish to trade, simply close the channel and settle the difference. Tether CEO asserts that decentralized networks should have been built this way, this is the perfect architecture! Latest news: Tether has just launched a Bitcoin wallet for 570 million users worldwide, fully supporting the Lightning Network, and the world's largest US dollar network has also transformed into a Bitcoin wallet.