More people in the world want dollars than bitcoin so I think the idea is to provide that need on Bitcoin so that when they're ready to adopt bitcoin and swap their USDT, they'll already be in the network. Basically more on ramps and deeper liquidity.
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That sounds reasonable. If you say they are already in the network. What does that mean exactly? In both cases (Lightning network, Liquid) you need Tether to make a swap. I don't quite understand the advantage of being “in the network” yet.
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