That's stable coin is essentially available on Bitcoin from the start thanks to the magic of RGB++ protocol.
Now with Lightning network coming, this combo will present a ground breaking payment system (RUSD on Bitcoin+CKB) with fast confirmation, instant finality and extreme low cost.
Binance News
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Stable++ Protocol Launches On CKB Mainnet
According to Foresight News, the Stable++ protocol, strategically invested by the CKB Ecosystem Fund, has been launched on the CKB mainnet. Stable++ is the first over-collateralized stablecoin protocol developed on CKB, serving both the Bitcoin and RGB++ ecosystems. The protocol supports BTC and CKB as collateral to generate the first RGB++ stablecoin, RUSD. In the future, Stable++ will also support the CKB Lightning Network and will be deployed on the BTC L2 issued by UTXO Stack. Through the Leap function of the RGB++ protocol, RUSD will be able to circulate freely within the Bitcoin ecosystem.
Previously, the CKB Ecosystem Fund strategically invested in the Stable++ protocol to introduce a decentralized stablecoin based on native assets with over-collateralization to the Bitcoin and RGB++ ecosystems. This move aims to further enhance the liquidity of the DeFi ecosystem.
Satoshi, if he returns, will probably receive the biggest airdrop in crypto ever. 8,4 billion CKB at the time of this writing is worth 234 million dollars
""" When we say āburn 25% of Nervos CKBytes in genesis blockā, the 8.4 billion CKBytesĀ will be sent to an address owned byĀ Satoshi.Ā This essentially means that no one will move or touch those tokensĀ (unless Satoshi comes back and that would be another story :P). """
You may wonder how can CKB folks send CKByte to Satoshi?
Well that is the power of CKB called wallet address compatibility. ;)) go check it out and you'll find a sky of magic things CKB can do that others don't.
So CKB is getting hot recently and RGB++ is literally gonna change Bitcoin forever.
RGB++ has gone live on main-net for nearly a week and now has brought turing-complete smart contract to Bitcoin.
This is a rare L2 that has almost Zero Security Compromise in its architecture and solution thanks to RGB protocol and Peter todd.
Creating Dapp with this will still be considered more hardcore than writing Solidity on EVM, but people are getting better at it (Me included). And soon in a year from now, a vibrant ecosystem will built on top of Bitcoin and CKB, facilitating endless possibilities. Bitcoin assets, Stable coin, NFT ...
At some points in your crypto life, you'll find some people who has substantially large amount of Bitcoin and you may ask your self how the hell did he/she hodl it from sub-1dollar to 70 thousand dollars (and can still spend it ;))) )?
The answer is simple enough, yet too obvious to be considered a common investing strategy. You have to understand what it is and where it's going!
Elon Musk once tweeted about his investment ideaology: """ Buy stock in several companies that make products & services that *you* believe in.
Only sell if you think their products & services are trending worse. Donāt panic when the market does.
This will serve you well in the long-term. """
Well this is true for literally any investment in anything, one remaining question here is: How do you get to believe in a product that someone else's making/building?
To believe in something, knowledge is required. To truly gain knowledge and understandings, patience is a MUST and you have to do your studying. There's no other way around it.