It’s sad reality that USDT on Tron and Ethereum are way more popular and useful than on Liquid currently. Having ability to store stablecoins in addition to #Bitcoin could be useful to convince merchants in accepting #Bitcoin payments, without using KYC third party payment processors like Bitpay or Coingate.

But probably they will still store only USDT Liquid in wallet and use swaps when sending / receiving ERC-20 / TRC-20.

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Why wouldn’t we just make sats as a standard and stop shilling shitcoins ?! I mean if want to onboard everyone into bitcoin this is definitely not the correct way to do so!

that assumes the goal is to onboard people on to Bitcoin.

ā€œAssumesā€ is the key word

It’s easier to convince merchants to accept #Bitcoin payments than for them to move to sats as a standard. Hopefully they will got it at some point. But let’s move one step at a time. Local shop or pub accepting #Bitcoin is already useful for me as a Bitcoiner, even if they don’t yet hodl on it. Also, remember, that they need to pay their suppliers in fiat.

Yes, but to pay suppliers you still need to cash out usdt shitcoin into fiat šŸ¤·ā€ā™‚ļø

Yes and they could use exchanges to do that. But automatic swap during payment allows them to fix the exchange rate and protect themselves against exchange rate volatility.

Can’t wait when this usdt shitshow gonna end up the same way tera luna did