Nubank brings Bitcoin Lightning to its 100M Latin American customers. Lightspark will also integrate the Universal Money Address standard for Nubank, which gives an email-like address for users to send and receive money. Brazilian neobank Nubank has partnered with the payment platform Lightspark to offer the Bitcoin Lightning Network to its 100 million customers in Latin America. Lightspark said on June 25 that it is working with Nubank to start the Lightning “integration, mapping, and building potential products” and would have “more to share in the future.” Lightspark will also integrate the Universal Money Address standard, a payment system built on top of Lightning that gives users an email-like address to transfer money.Nubank Cripto’s executive director, Thomaz Fortes, said in a statement that the integration is part of the neobank’s plan to offer higher-speed, low-cost transfers via blockchain.https://yakihonne.s3.ap-east-1.amazonaws.com/6789a15735d4ac7cb13396ac59a0bdc813680111b9df4a7ff2497a364c869fb9/files/1719399385868-YAKIHONNES3.webp
The Lightning Network is a layer-2 scaling solution for Bitcoin that enables faster and cheaper transactions. By integrating the Lightning Network, Nubank customers will be able to conduct everyday payments, transfers, and international purchases using Bitcoin . This development aligns with Nubank's continuous efforts to innovate and improve its services