Amboss Activates RailsX, Enabling Self-Custody Stablecoin Trading on Bitcoin Lightning
Amboss has launched RailsX, a new service enabling peer-to-peer, self-custodial trading of USD-pegged stablecoins USDT-L and USDC-L directly on the Bitcoin Lightning Network. This marks the first time stablecoins can be traded in a non-custodial manner over Lightning. The move aims to enhance privacy, security, and user control in stablecoin transactions. RailsX leverages Lightning's speed and low fees for efficient cross-border payments and trading.
- ▪Amboss has activated RailsX, a platform for self-custody stablecoin trading on the Bitcoin Lightning Network.
- ▪RailsX supports USDT-L and USDC-L, allowing peer-to-peer transactions without third-party custody.
- ▪The service enables non-custodial, secure, and private stablecoin transfers using Lightning’s infrastructure.
- ▪This is the first implementation of self-custodial stablecoin trading on the Bitcoin Lightning Network.
- ▪RailsX aims to improve efficiency for cross-border payments and microtransactions using low-fee, instant settlements.
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