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

USDT stablecoin issuer Tether co-led an $8 million funding round for Speed, which is building via the Bitcoin Lightning Network. https://t.co/4rV0NNZUZK ...

Tether Invests in Crypto Startup Powering Stablecoin Use via Bitcoin Lightning Network► https://t.co/t1aC1Esw6V https://t.co/t1aC1Esw6V ...

Prominent stablecoin issuer Tether has announced a strategic investment in Speed, a payments infrastructure firm utilizing the Bitcoin Lightning Network and stablecoins for instant global settlements. Tether said Tuesday that it co-led Speed's $8 million funding round alongside Ego Death Capital. Via products like Speed Wallet and Speed Merchant, Tether said that Speed currently processes over $1.5 billion in annual payment volume, serving 1.2 million users and businesses. The platform offers instant payme ...

Tether announced it led an $8 million funding round in payments infrastructure company Speed1, with participation from ego death capital. Speed is building instant global settlement rails based on the Bitcoin Lightning Network and stablecoins, supporting native BTC and USDT settlement. https://t.co/jqr3wrhWER ...

Tether announced it has led an $8 million investment in Speed1, Inc., a payments infrastructure company building global settlement rails using the Bitcoin Lightning Network and stablecoins. The funding round also included participation from Ego Death Capital. The investment aligns with Tether’s broader push to expand real-world payment use cases for USDT while supporting Bitcoin-native financial infrastructure. Speed focuses on allowing instant low-cost payments by combining Lightning’s high-speed transa ...

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]