Revolut Adds Lightning Network to Speed Bitcoin Payments

Revolut now supports fast, low-cost Bitcoin transactions through a new deal with Lightspark, a Bitcoin infrastructure firm. The integration uses the Lightning Network, a Layer 2 protocol that slashes transfer times and fees. This rollout applies to users in the UK and select European Economic Area countries. The move gives Revolut access to Lightspark’s full payment stack, including its MoneyGrid system. MoneyGrid Connects 140+ Countries, Millions of Users MoneyGrid, Lightspark’s proprietary routing layer, optimizes cross-border payments. The system connects over 300 million users in 140+ countries, offering a smooth and scalable solution for global BTC transfers. Revolut can now deliver near-instant settlements, putting it ahead of most traditional banks in transaction speed and efficiency. Lightspark and Revolut Push Crypto Payments Forward David Marcus, Lightspark’s CEO, says the current payment landscape is outdated. He compares legacy systems to “dial-up in a 5G world.” He called Revolut’s move bold and forward-thinking. “This isn’t just about faster crypto payments. It’s about building a modern, open financial grid,” Marcus said. By embracing the Lightning Network, Revolut expands its crypto offering and strengthens its position in global fintech. The firm continues to roll out next-gen payment tools that blur the line between digital assets and traditional finance. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/revolut-adds-lightning-network-to-speed-bitcoin-payments/