CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coinpaprika 2025-05-08 08:35:42

Revolut Supercharges Bitcoin with Lightning-Powered Payments

Revolut is stepping up its crypto game by partnering with Lightspark to bring the Lightning Network to Bitcoin payments. This upgrade allows users in the UK and parts of the European Economic Area to send BTC almost instantly and with minimal fees. By using Lightspark’s high-performance infrastructure , Revolut can now offer quicker and cheaper crypto transactions, moving beyond simple trading and custody. Emil Urmanshin, head of crypto at Revolut, called the integration a key move toward making global payments more efficient. The Lightning Network, built on top of Bitcoin’s blockchain, is known for improving speed and lowering costs. With this partnership, Revolut joins other fintech leaders exploring decentralized tech for real-world use . Lightspark CEO David Marcus applauded the collaboration, saying it brings modern finance one step closer to a seamless global money system. He compared old banking systems to "dial-up" in a 5G world. Lightspark also brings UMA (Universal Money Address) support—letting users send money with simple, email-style addresses. For now, Lightning payments will roll out to UK and selected EEA users, with more regions expected to follow as systems mature. This move underlines Revolut’s push to become a go-to platform for fast, crypto-enabled money transfers .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.