Amboss Technologies, a blockchain infrastructure provider, has recently partnered with Lightning Network provider Voltage to introduce a new enterprise integration. This collaboration aims to combine Voltage’s Lightning Payments API with Amboss Rails, offering businesses the ability to accept near-instant, low-cost bitcoin and stablecoin payments. Additionally, this integration allows businesses to earn yield on self-custodied bitcoin.

The innovative stack leverages Taproot Assets for in-flight exchanges between bitcoin and stablecoins. By automating liquidity management, treasuries can now generate substantial returns on their assets. This integration presents a significant advancement in the realm of cryptocurrency payments, providing businesses with efficient and cost-effective solutions for processing transactions.

The Lightning Network, a second-layer solution built on top of the Bitcoin blockchain, enables faster and cheaper transactions by facilitating off-chain payment channels. By integrating Voltage’s Lightning Payments API with Amboss Rails, businesses can now harness the power of this technology to enhance their payment processing capabilities.

One of the key features of this integration is the ability to accept both bitcoin and stablecoin payments. Stablecoins, which are cryptocurrencies pegged to a stable asset like the US dollar, offer businesses a more stable medium of exchange compared to the volatile nature of traditional cryptocurrencies like bitcoin. By combining the benefits of stablecoins with the speed and efficiency of Lightning Network payments, businesses can streamline their payment processes and reduce transaction costs.

Furthermore, the integration allows businesses to earn yield on their self-custodied bitcoin. This means that companies can hold onto their bitcoin assets while still generating returns on them, adding an additional revenue stream to their operations. This feature is particularly attractive for businesses looking to maximize the value of their cryptocurrency holdings.

By utilizing Taproot Assets for in-flight exchanges, the integration ensures seamless and secure transactions between bitcoin and stablecoins. Taproot is a significant upgrade to the Bitcoin protocol that improves privacy, security, and scalability. Leveraging this technology enhances the overall user experience and ensures that transactions are executed efficiently and securely.

Overall, the partnership between Amboss Technologies and Voltage represents a significant step forward in the adoption of cryptocurrency payments in the enterprise sector. By offering businesses the ability to accept bitcoin and stablecoin payments while earning yield on their assets, this integration provides a comprehensive solution for businesses looking to leverage the benefits of blockchain technology.

Source: https://news.bitcoin.com/amboss-and-voltage-partner-to-bring-yield-to-bitcoin-and-stablecoin-payments/