Revolut partners with Lightspark for Bitcoin network integration

By: thepaypers|2025/05/08 12:15:02
0
Share
copy
This partnership aims to reduce waiting times and high network fees, offering simple transactions powered by open technology. Revolut is connecting to the Money Grid and joins other fintechs and wallets that offer new payment solutions, such as Lightning transactions or Universal Money Address (UMA). Revolut will remain dedicated to accelerating the development of the modern world of cryptocurrencies, as well as providing clients with secure and improved products. UMA utilises the Lightning network to enable users to send and receive money 24/7 in the currency they choose. UMA is open source, which means any wallet, exchange, or bank can integrate the standard and build new payment experiences. Improving the payment experience Lightspark is known for its enterprise-grade entry point to the Lightning Network, offering software and services designed to facilitate near real-time, low-cost Bitcoin and fiat transactions. Its SDKs, APIs, and developer tools aim to simplify user experiences and optimise transaction efficiency. Lightning transfers are payments taking place on the Lightning Network, a layer-2 protocol built on the Bitcoin blockchain. These kinds of payments allow near-instant and low-cost transfers of Bitcoin between parties, offering an alternative to traditional on-chain transfers. They also offer scalability through off-chain payment channels, global accessibility, and more privacy, as only the final state of the payment channel is recorded when it closes. By leveraging Lightspark, Revolut aims to make Bitcoin more usable in everyday life, focusing on offering faster and more affordable financial solutions, enabling more convenient global transactions. Lightspark believes that the future of money is real-time, low-cost, and borderless, which aligns with its operations and offerings. Traditional banks rely on slow or expensive payment systems, and the company wants to contribute to the widespread adoption of Money Grid, which enables instant, simple transactions.

-- Price

--

You may also like

$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026

TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com