Tether, Bitfinex and Hypercore took the bear market for building motto seriously with the launch of an encrypted P2P platform.
In doing so, Holepunch will not use blockchain technology at its core and will instead move to an in-house payments API powered by the Lightning Network.
Developers building solutions on the Holepunch protocol will be able to use USDT as default for micropayments. However, the company is yet to disclose support for other cryptocurrencies and stablecoins.Blockchain-based metaverse and Web3 platforms joined hands to form Open Metaverse Alliance for Web3 , an alliance built on four core principles — transparency, inclusiveness, decentralization and democratization.
As Cointelegraph reported, the alliance will focus its efforts on specific metaverse-related topics, which include setting standards for
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