
Title: Lightning Network Could Seize $9 Billion in Stablecoin Volume by 2028, Says Voltage CEO
In a recent interview, Graham Krizek, the CEO of Voltage, made an astonishing prediction about the potential future development of the Lightning Network (LN). According to him, this Layer-2 network could potentially handle 5% or more of global stablecoin transactions by 2028. This would translate into a staggering $9 billion in daily volume.
The remarkable claim comes as a result of rising demand from retail and institutional users alike for instant settlement times and increased scalability. Krizek emphasized the importance of edge cases being developed by developers, with retail users constantly testing the network’s potential. Moreover, he mentioned that customers are now requesting Lightning integration from businesses, leading exchanges and financial apps to add support.
Signs of a Shift: Tether and Taproot
The recent decision by Tether, the largest stablecoin issuer, to integrate Bitcoin’s Lightning Network in January has been hailed as a significant milestone for the sector. This development is seen as an early indicator of growing adoption. The CEO also highlighted the June release of Taproot Assets v0.6, which aims to establish a decentralized forex layer for stablecoins on Bitcoin.
Krizek’s estimates indicate that access to the Lightning Network has now surpassed 700 million users, more than double since 2024. However, he did not specify when major stablecoins like USDC will be available for use.
Source: coinchapter.com