Stablecoins have become a popular method of value transfer in the blockchain space, and many stablecoins are minted on EVM chains, but they are not the only place they can be created and transferred, bitcoin-backed synthetic assets are also possible, even on the lightning network -->> https://thebitcoinmanual.com/articles/standard-sats/ Standard Sats is a service built on the Lightning Network to solve the high volatility of bitcoin against various faith currencies by hedging. It is an independent bitcoin bank for geographically-distributed communities or businesses. The product consists of an open-source protocol client (mobile bitcoin wallet; modified version of Simple Bitcoin Wallet, SBW) and node. Find out how it all works in our latest post
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