Elizabeth Stark, CEO of Lightning Labs, revealed the latest progress of the Bitcoin development company at the London Crypto and Digital Asset Summit, which was broadcast live by the Financial Times. She said that Lightning Labs' Taproot Assets protocol is building functions to introduce stablecoins and tokenized assets to Bitcoin. According to Stark, developers have made significant progress on this goal and finally tested transactions on Lightning. She added that traditionally, these digital assets have been run on other blockchains, but have been plagued by high fees and other problems. She believes that Bitcoin's network may be best suited to promote the use of stablecoins because it is "the most secure and decentralized" blockchain. (Cointelegraph)