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Interstellar Payment Network (IPN) has announced the upcoming launch of a native payment network built on the Bitcoin mainnet, powered by the innovative RGB++ protocol. This network will support USDI, a programmable stablecoin designed to enhance the BTCFi ecosystem and boost the Lightning Network. IPN has secured partnerships with CKB Eco Fund and Matrixdock to support this initiative.
IPN’s strategy centers on RGB++ to build a secure and efficient payment system, aiming to promote financial inclusion and simplify cross-border transactions. The USDI stablecoin will be pegged 1:1 with fiat currencies and backed by high-quality, liquid assets, ensuring stability and building user trust.
A core component of this integration is the mapping of Bitcoin UTXOs to CKB Cells. This unlocks smart contract capabilities on Bitcoin and enables seamless, bridgeless cross-chain transfers of Bitcoin Layer-1 assets, ensuring USDI compatibility with various UTXO-based blockchains, including BTC, CKB, DOGE, and BCH.
Leveraging CKB’s Fiber Network and UTXO Stack, the network is expected to optimize multi-asset flow within the Lightning Network, improving liquidity and yield through decentralized staking. This positions IPN and its adoption of RGB++ as a significant step forward in integrating blockchain technology into mainstream global payments.
About RGB++ Layer:
RGB++ Layer is Bitcoin’s asset issuance layer, smart contract layer and the interoperability layer of entire UTXO world.
About CKB
CKB is a fully BTC-isomorphic public blockchain (PoW+UTXO), offering a programmable, interoperable and scalable solution for the Bitcoin ecosystem.
CKB enhances Bitcoin’s programmability and interoperability with RGB++, which maps Bitcoin UTXOs to CKB Cells, enabling smart contract capabilities and bridgeless cross-chain transfers of Bitcoin L1 UTXO-based assets. CKB scales Bitcoin with Fiber Network, facilitating seamless multi-asset flow within the Bitcoin Lightning ecosystem. CKB accelerates the mass adoption of Lightning Network with UTXO Stack, which provides an improved liquidity and yield model through decentralized staking protocol.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
