Merchants on the BitPay platform can now receive payments from more than 100 Lightning-enabled wallets – Cash App and Strike among them – said the company in a statement.
The move, said the company, will allow both merchants and customers to complete speedy, low-cost and scalable Bitcoin transactions
BitPay co-founder Tony Gallippi: “BitPay’s integration with the Lightning Network offers customers more choice and merchants more ways to be paid leveraging blockchain technology.”
The Bitcoin 2022 conference is taking place this week in Miami, and the Lightning Network has been the big story so far. Yesterday, Lightning Labs announced $70 million in funding to bring the Taproot-powered “Taro” protocol to its platform.
Read more: 5 Ways Bitcoin’s Lightning Network Advanced in 2021