Two things about taproot assets that I don’t get:

1. How do we know Alice even has the USD?

2. How do we know the node providing the atomic swap is giving a fair price?

I assume USDA/USDB/USDC etc. are all interoperable as long as there is a route with required atomic swap nodes.

https://youtu.be/Bsat0adOvz4

Reply to this note

Please Login to reply.

Discussion

I dunno, but I only want sats 😂

3. How many Bitcoin need to be in the transaction to “Mint” the Taproot USD? Presumably not the value in Sats as the underlying assets, and not 1 Sat either as that would provide sufficient liquidity to find channels. So, a minimum of 1 mSat per 0.01 USD for users to be able to transaction 1 cent?