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Galoy Pushes Deeper Into U.S. Banking With All-in-One Bitcoin Platform

Bitcoin Magazine
Galoy has launched an all-in-one platform to help U.S. banks integrate Bitcoin-native services alongside their existing legacy infrastructure.

Summary

Galoy has unveiled an expanded Bitcoin-native core banking platform designed to help U.S. financial institutions integrate Bitcoin services without replacing legacy systems. The platform acts as a "sidecar" layer, offering six key functionalities: Bitcoin-backed lending, Lightning payments, stablecoin transactions, Bitcoin exchange services, custody, and embedded wallet infrastructure. By providing tools for regulatory compliance and risk modeling, Galoy aims to move Bitcoin from experimental pilot programs into core revenue-generating operations for banks and credit unions.

(Source:Bitcoin Magazine)