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SoFi Partners with Lightspark to Launch Global Remittance Services via Bitcoin Lightning Network
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According to ChainCatcher, as reported by CoinDesk, SoFi Technologies is set to enable remittance payments on Bitcoin’s Layer 2 Lightning Network through a partnership with Lightspark, aiming to provide its users with real-time international transfer services.
SoFi announced that it will integrate Lightspark’s Universal Money Address (UMA), which operates on the Bitcoin Lightning Network, to support near-instant cross-border payments.
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