Tether wallets come to Bitcoin via Spark
On Aug. 14, Spark, a second-layer (L2) protocol based on the Lightning Network (LN), was integrated into Tether’s Wallet Development Kit (WDK) tool.
That collaboration allows “developers to now create production-ready wallets with native support for Lightning, Bitcoin, stablecoins, and more, through a single stateless API.”
For developers, the availability of a stateless API (Application Programming Interface) (which does not store persistent information) simplifies the creation of wallets.
The stateless API provided by WDK acts as a bridge that allows programmers to build wallets compatible with Bitcoin, stablecoins, and the LN without needing to build the entire underlying infrastructure from scratch.
This reduces the security risks associated with storing sensitive data, such as private keys, and encourages the adoption of fast transactions using the Lightning Network. For users, it means access to “smart” wallets with automation capabilities, according to Paolo Ardoino, CEO of Tether.
Spark is a technology that makes it easy to connect applications to the LN, a second-layer (L2) Bitcoin network that allows for fast, low-cost transactions to be processed.
In addition to acting as a bridge to LN, Spark optimizes Bitcoin’s scalability by enabling off-chain transfers of BTC and stablecoins through an infrastructure that supports instant and global payments.
The Tether WDK is a suite of tools designed for developers to create wallets where users have full control over their private keys and transaction processes.
Paolo Ardoino, CEO of Tether, highlighted the objective of this alliance:
“The future is unpredictable chaos, instability or prosperity. But with WDK and Spark, we can build programmable, resilient monetary systems that serve people, machines, and communities alike. This integration makes Bitcoin Lightning truly accessible, enabling instant global transactions without compromising custody or privacy.”
Paolo Ardoino, CEO of Tether.
David Marcus, CEO of Lightspark, said the purpose is to give developers a simple way to integrate Bitcoin’s fast payments network into applications that people already use.
With this step, Tether and Lightspark enable an infrastructure that combines the liquidity and stability of stablecoins with the speed and efficiency of the Lightning Network, bringing the practical use of Bitcoin and other digital assets to a greater number of users and use cases.
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