Satoshi Wallet launches stablecoins that support self-hosting on Lightning Network

Wallet of Satoshi launches stablecoins on Lightning Network to support self-custody

Wallet of Satoshi, a well-known Bitcoin wallet provider (focusing on Lightning Network transactions), has launched a beta feature that allows users to hold both digital dollars and bitcoin in the same application. This update is designed to meet Lightning Network's growing demand for stablecoin support and provide users with a new way to efficiently and securely manage two currencies in the same ecosystem.

stablecoins are now available on Lightning Network

The company said the beta feature is designed to allow users to hold and trade bitcoin and digital dollars in one wallet. According to the announcement, Wallet of Satoshi emphasized that it prefers to deploy stablecoins on the Lightning Network rather than other independent blockchains that support altcoins. The team described stablecoins on the Lightning Network as responding to user needs-making dollar-denominated payments in a Bitcoin environment.

The stablecoins on the Lightning Network are now in beta, allowing users to use both U.S. dollars and Bitcoin through self-hosting in one application.

Lightning Network, as a second-layer solution, enables faster and lower-cost Bitcoin transactions by processing transactions outside the main chain. This setting allows small transactions or frequent payments to avoid waiting for slow on-chain confirmations.

By introducing U.S. dollar payments, Wallet of Satoshi aims to provide more application scenarios for Lightning Internet users. The launch of this feature specifically allows users the freedom to choose whether to use Bitcoin for cryptocurrency-related payments or use stablecoins for stable dollar transactions-all in a seamless interface.

Small Dictionary: Wallet of Satoshi -a widely used mobile Bitcoin wallet that supports the Lightning Network. It is known for its user-friendliness and instant payments. It aims to simplify the use of cryptocurrencies without requiring users to master complex technical steps.

This feature is currently in beta and users can experience the new dual currency settings during further optimization. The company said demand for stablecoins "will come no matter what" and highlighted the advantages of integrating stablecoins directly into Bitcoin's fastest transaction layer.

Emphasizes self-custody and user choice

This update specifically supports self-custody digital dollars, allowing users to directly control their assets rather than relying on third-party custodians such as banks. Self-custody is a core value of Bitcoin and the broader cryptocurrency community, reflecting ongoing concerns about centralized asset control and counterparty risk.

Wallet of Satoshi believes that digital dollars are better controlled by users rather than stored in banks, highlighting its broader philosophy of empowering users with decentralized payment tools.

The wallet also provides flexibility for users who prefer a pure Bitcoin experience. Users can turn off the "Digital Dollar" feature in the app settings, returning their wallets to the original Bitcoin-focused mode. This type of user control is designed to serve two groups of people: users who want U.S. dollar stability and users who are committed to the pure Bitcoin standard-all in the same application.

The introduction of this feature may affect market trends as traders and users observe adoption rates, payment volumes, and community feedback during the testing phase. This development has driven ongoing discussions about integrating stablecoins with Bitcoin payment instruments, and the future of digital dollars being used together with cryptocurrencies.

Functional comparison

Before update: Only Bitcoin is supported; the payment method is to use Bitcoin through the Lightning Network; the user's hosting is Bitcoin self-hosting; the user selects no currency type setting.

Updated: Support Bitcoin + Digital Dollar; payment method is Bitcoin + stablecoin through Lightning Network; user custody is self-custody as Bitcoin + Digital Dollar; user selection can disable the Digital Dollar function.

Market Impact and User Adoption

Wallet of Satoshi's move marks one of the first real-time beta implementations of stablecoin on Lightning Network. It provides a real-world case study of how digital dollar transactions and Bitcoin payments can coexist in a single wallet experience. With the service now available for user testing, industry observers are paying close attention to adoption rates and market response, while companies improve products based on real feedback.

Traders and ordinary users may be interested in whether this update will drive higher payment volumes or expand the acceptance of stablecoins in the Lightning network environment. The launch adds a new dimension to the current debate about the advantages of price-stable digital assets and cryptocurrency volatility, and also sparks thinking about how to better achieve user control in financial transactions.