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