My interpretation of USDT over lighthing news, correct me if I’m wrong in my logic:

Pros:

- Cheaper fees for USDT transfers. People who rely on USDT benefit.

- More value brought onto the lightning network

- Ultimately more value and liquidity ochain as it’s easier to move on the same blockchain over different ones

- LESS value for the other shitcoin chains. Now that they dont’ facilitate USDT, what’s the point of them?

- Better privacy over wide open chains.

- Off-chain - no need to wait at all if there were any wait times to begin with (I don’t know because I don’t use it).

Cons:

- Has USDT verified reserves? If not, this is a liability

- Potential for increased regulatory scrutiny and targetting

- More attention to lightning network enabled privacy if there is any

Net: probably a good thing - saying it cautiously.

Curious what you think?