By No Bullshit Bitcoin in Research — Sep 13, 2022

Taro Explainer: A Proposed Protocol That Will Allow the Issuance of Digital Assets on the Bitcoin Blockchain That Can Be Transferred Using the Lightning Network

Taro is a proposed protocol that will allow the issuance of digital assets on the Bitcoin blockchain.
Taro assets can be fungible currencies such as stablecoins, or non-fungible, unique tokens such as NFTs or collectibles.
Taro assets can be transferred over the Bitcoin network, or instantly, at low cost and more privately over the Lightning Network.