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Strike, a payments platform built on Bitcoin's Lightning Network, has added support for Tether's $USDT, the world's largest stablecoin. This development enables $USDT on-ramps, off-ramps, and settlements within the Strike app, which recently expanded to 65 new countries. However, the supported blockchains for USDT have not been finalized.
The app allows users to instantly send and receive bitcoin, utilizing the Lightning Network. Users can also send payments within the platform and buy bitcoin.
With Tether integration, $USDT will act as an intermediary, allowing users to quickly convert digital assets into fiat currency, overcoming previous liquidity challenges and promoting financial inclusivity globally.
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