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Amboss launches RailsX for self-custodial bitcoin and stablecoin trading on Lightning

The Block
Amboss Technologies has introduced RailsX, a peer-to-peer, self-custodial platform for trading bitcoin and stablecoins directly on the Lightning Network.

Summary

Amboss Technologies has launched RailsX, a platform allowing peer-to-peer trading of bitcoin and stablecoins natively on the Lightning Network. The service supports USDT-L and USDC-L pairs issued by Speed Wallet and operates without a centralized order book or intermediary, ensuring users maintain full control of their private keys. By leveraging the Lightning Network and Taproot Assets, RailsX facilitates near-instant, low-fee settlement while bypassing traditional centralized exchanges.

(Source:The Block)