🔥 NOW: Bitcoin Lightning Network capacity hits all-time high as major crypto exchanges increase adoption. https://t.co/SRFSYCFKez ...

Funding & Investment - Tether 共同领投了 Speed 的 800 万美元融资轮 [1] - Speed 正在通过 Bitcoin Lightning Network 进行建设 [1] Stablecoin & Cryptocurrency - Tether 是 USDT 稳定币的发行方 [1]

Investment & Technology - Tether invests in a crypto startup [1] - The startup focuses on stablecoin use via Bitcoin Lightning Network [1]

Core Insights - Tether has made a strategic investment in Speed, a payments infrastructure firm, co-leading an $8 million funding round to enhance Bitcoin-based financial infrastructure and expand USDT's applications in real-world payments [1][3] Group 1: Investment Details - Tether co-led an $8 million funding round for Speed alongside Ego Death Capital [1] - Speed currently processes over $1.5 billion in annual payment volume, serving 1.2 million users and businesses [2] Group 2: Technology and Operations - Speed utilizes the Bitcoin Lightning Network and stablecoins for instant global settlements, enabling high-volume, low-fee transactions [3] - The platform offers native Bitcoin and USDT settlement capabilities, providing reliable global routing for enterprise customers [2] Group 3: Market Context - Tether's CEO highlighted the potential of Bitcoin-rooted networks for mainstream commerce, emphasizing the importance of practical infrastructure in reducing payment friction [4] - Bitcoin's recent trading price was around $87,500, reflecting a 1% increase after a dip earlier in the week, with a notable 30% decrease from its all-time high of over $126,000 [4] Group 4: Broader Business Activities - Tether holds nearly $9.9 billion worth of Bitcoin and has made various investments in Bitcoin-centric firms [5] - The company is reportedly working to raise $20 billion in funding at a $500 billion valuation and has participated in significant investment rounds recently [6]

Funding & Investment - Tether led an $8 million funding round in Speed1 [1] - Ego death capital also participated in the funding round [1] Technology & Infrastructure - Speed1 is building instant global settlement rails based on the Bitcoin Lightning Network [1] - The platform supports native BTC and USDT settlement [1]

Core Insights - Tether has led an $8 million investment in Speed1, Inc., a company focused on building global payment infrastructure using the Bitcoin Lightning Network and stablecoins [1] - The investment aims to expand real-world payment use cases for USDT and support Bitcoin-native financial infrastructure [1][5] Investment Details - The funding round included participation from Ego Death Capital and is part of Tether's strategy to enhance Bitcoin-aligned financial infrastructure [1][5] - The investment will support Speed's product development and global expansion efforts [2] Company Performance - Speed processes over $1.5 billion in annualized payment volume, serving approximately 1.2 million users and businesses [3] - Core products include Speed Wallet and Speed Merchant, which offer instant payments and settlement options in Bitcoin and USDT [3] Infrastructure and Functionality - Speed's infrastructure acts as a bridge between Bitcoin-native networks and practical payment needs, particularly for cross-border transactions and merchant settlements [4] - The integration of stablecoins with Lightning allows users to choose between volatility exposure and price-stable settlement [4] Strategic Alignment - Tether's investment supports the utility of USDT beyond trading, focusing on everyday payments and compliance [5] - The architecture of Speed demonstrates the potential for Lightning and stablecoins to operate together effectively, providing low fees and global reach [5] Vision for the Future - Speed aims to transition crypto from speculative use cases to functional global payments, leveraging Lightning for transaction speed and stablecoins for predictable value [6][7] - The platform is designed to support a wide range of users, including consumers, creators, and merchants, at scale [7]

Core Insights - Bitcoin is moving closer to becoming a mainstream currency with new payment capabilities introduced by Block for merchants [2][3] Company Developments - Block has launched a bitcoin payment feature for 4 million merchants through Square, allowing instant settlement and no transaction fees until 2027 [2] - The new platform was first demonstrated at Compass Coffee in Washington, D.C., and aims to make bitcoin payments as seamless as card payments [3] - Merchants can convert a portion of their daily card sales into bitcoin, providing increased flexibility and exposure to cryptocurrency [3] Payment Flexibility - Sellers can accept payments in various configurations: bitcoin to bitcoin, bitcoin to fiat, fiat to bitcoin, or fiat to fiat [4] - The Square Bitcoin feature utilizes the Bitcoin Lightning Network for rapid transaction settlement and low fees, reducing credit card processing costs [4] Strategic Direction - Block is shifting its identity from a small merchant enabler to a comprehensive business operating platform that integrates commerce, customer relationships, and financial services [5] - Recent innovations also include bitcoin mining hardware and software, as well as a Cash App feature to locate global merchants accepting bitcoin [5]

True TPS should be measured by transactions that are:⚡️Anyone-to-anyone⚡️Affordable to anyone⚡️Instantly permanentVery few chains can field many unconditional users: anyone, for any purpose, anyone can afford, instantly-serviced and done.Joel Valenzuela (@TheDesertLynx):Gm.The anyone-to-anyone transactions-per-second of the Bitcoin Lightning Network is zero.Pass it on. ...

Core Viewpoint - SoFi Technologies Inc has experienced a rebound in its share price, recovering from previous volatility and showing a significant increase of approximately 140% since its April low [1] Group 1: Recent Performance and Market Reaction - SoFi shares closed higher by 3.60% at $23.33, with a 52-week high of $25.11 and a low of $6.75 [6] - The stock had been affected by a broader market sell-off, particularly impacting technology and growth stocks [1] - Analysts from JPMorgan and Citigroup have raised their price targets for SoFi, with Citigroup maintaining a Buy rating [2] Group 2: Financial Performance - In the second quarter earnings report, SoFi reported record revenue of $655.8 million, marking a 26% year-over-year increase, alongside a GAAP net income of $54.7 million [3] - The strong performance was attributed to growth in loan originations and an increase in new members, prompting the company to raise its full-year revenue guidance [3] Group 3: Strategic Developments - SoFi announced a partnership with Lightspark to enable international money transfers using the Bitcoin Lightning Network, thereby expanding its service offerings [4] - However, the announcement of a public offering to raise approximately $1.5 billion through the sale of 72 million shares raised concerns about shareholder dilution, impacting the stock price negatively [4] Group 4: Market Sentiment and Analyst Outlook - The narrative surrounding SoFi is mixed, balancing its strong growth story against the challenges posed by the recent capital raise, leading to divided opinions among Wall Street analysts regarding its future trajectory [5]

Industry Trend - Digital bank SoFi 将使用 Bitcoin Lightning Network 进行汇款 [1] Technology Adoption - SoFi to leverage Bitcoin Lightning Network for remittances [1]