NuBank, the largest bank in Latin America, adopts Bitcoin Lightning Network
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NuBank, the largest fintech bank in Latin America, has announced a groundbreaking move in the digital payments sector: the integration of Lightning payments in Bitcoin via Lightspark. This innovation will allow NuBank’s 100 million customers to make fast and secure transactions using the Bitcoin Lightning Network, marking a significant step forward in the adoption of cryptocurrencies throughout the region. Let’s see all the details below. The future of digital transactions in Latin America: the bank NuBank adopts Bitcoin Lightning Network through Lightspark As anticipated, Nu Holdings, known as Nubank, the largest fintech bank in Latin America, has announced a new strategic partnership. The collaboration is with Lightspark, to integrate Bitcoin Lightning Network and Universal Money Addresses (UMA) into its platform. This agreement aims to significantly improve the services offered by Nubank. Allowing in this way Bitcoin and fiat transactions almost in real-time and at low cost, according to the press release. David Marcus, CEO and co-founder of Lightspark, stated the following regarding this: “We are excited to play a role in bringing Lightning to Nu’s 100 million customers and adding solutions to make their financial life simpler and more efficient. At Lightspark, we are pleased to enable Nubank to continue evolving its crypto solutions. It has also been fantastic to work with Nu’s talented team.” The advanced technology of Lightspark, which includes SDK, API, and artificial intelligence tools, is designed to facilitate the integration and optimization of transactions. Efficient services, greater speed, and lower costs thanks to blockchain technology This collaboration aligns with Nubank’s mission to provide efficient solutions and convenient services for its customers, while Lightspark aims to support the evolution of Nubank’s Bitcoin services, according to the official announcement. Thomaz Fortes, executive director of Nubank Cripto, commented: “The partnership with Lightspark, which has developed an excellent technical solution…
Filed under: News - @ June 26, 2024 8:22 am