This might be the first privacy stablecoin?
(assuming you use it with a non-custodial lightning wallet, and some other caveats)
https://tether.io/news/tether-brings-usdt-to-bitcoins-lightning-network-ushering-in-a-new-era-of-unstoppable-technology/
I still think Tether should just launch a Cashu mint.
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Yesstr.
Tether is not dumb enough to do that and become a target of government agencies that they work with.
Probably not, but then they would also be counting on this Taproot Assets projects being a flop. Or on most people using software clients with atrocious privacy.