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Revolut Adds Bitcoin Lightning Payments in Europe
By: cryptosheadlines|2025/05/08 21:45:01
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com The London-based digital bank has announced plans to integrate Bitcoin’s Lightning Network into its platform. This will be available for users in the U.K. and select European countries.Partnering with Lightspark, Revolut aims to deliver faster, cheaper crypto payments across borders. This move underscores a growing trend in fintech: embracing blockchain-based infrastructure to modernize financial services. This is massive news for Bitcoin Lightning Payments.Cheaper, Faster Bitcoin TransactionsUnlike traditional Bitcoin transactions, which can be slow and costly due to network congestion, Lightning allows near-instant, low-fee payments by settling transactions off-chain. Lightspark’s infrastructure will power this capability, connecting Revolut users to what it calls the “Money Grid”—a decentralized payment network built for real-time global transactions. Major update: @RevolutApp is now partnering with @lightspark pic.twitter.com/OUblgrj6Xr— Lightspark (@lightspark) May 7, 2025“We’re always looking to make financial services faster and more affordable,” said Emil Urmanshin, general manager of crypto at Revolut. “Integrating with Lightspark is a natural step.” The company has not yet provided an official launch date for the new feature, but the intention is clear: to offer seamless Bitcoin transfers that rival the speed and cost-efficiency of traditional payment systems.More About BTC Lightning TransactionsBitcoin’s Lightning Network has seen impressive growth in recent years, with usage steadily increasing. In 2022, the network’s usage stood at 6.5%, and by 2023, it had surged to 11.8%. This upward trend continued into 2024, with usage reaching 14.5%.Lightning strikes twice! Bitcoin’s Lightning Network usage surges:2022 → 6.5%2023 → 11.8%2024: → 14.5%Faster transactions, lower fees driving adoption. Great insights by @CoinGatecom pic.twitter.com/79UW48qoVA— Gianmarco Guazzo (@gianguazz) October 15, 2024So, this surge highlights the growing adoption of Bitcoin’s Lightning Network as a viable solution for faster, cheaper transactions and reflects broader trends in the crypto industry towards scalability and efficiency.Looking AheadBy integrating Lightspark’s backend, Revolut is positioning itself to compete with both traditional banks and crypto-native platforms. It’s a signal that crypto is no longer a fringe experiment—it’s becoming a core part of how global payments are handled.DisclaimerThe information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.The post Revolut Adds Bitcoin Lightning Payments in Europe appeared first on Altcoin Buzz.Source link
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