Galoy Brings U.S. Dollars To Bitcoin’s Lightning Network
In addition to its new bitcoin-backed U.S. dollar balance on Lightning, Galoy also announced a $4 million raise.
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In addition to its new bitcoin-backed U.S. dollar balance on Lightning, Galoy also announced a $4 million raise.
Galoy aims to help communities and institutions use bitcoin as money.
Adopting Bitcoin — A Lightning Summit in El Salvador, hosted by Galoy, will be held in San Salvador and El Zonte from November 16 to 18, 2021.
Galoy founder and CEO Nicolas Burtey wants to help more borrowers use bitcoin as collateral for loans while introducing open-source software into the traditional banking stack.
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