hmm, interesting.

essentially it's basically just another network for them?

usdt on tron, USDT on eth, USDT on liquid, USDT on lightning?

I'll have to read more into. I have spent about 7 minutes looking into it so far.

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yeah, and all that transaction volume will now be moving to Bitcoin

Will it though? It seems likely they would just open huge channels amongst large liquidity providers.

All the rest would be LN usage