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Strike Expands Lightning Network-Powered Remittances to Philippines

The Philippines is one of the world’s largest remittance markets, at $35 billion, and Strike says it will use its service, powered by the Bitcoin blockchain's Lightning Network, to make the international payments faster and cheaper than available in the traditional financial system.

Updated Jan 31, 2023, 7:09 p.m. Published Jan 31, 2023, 3:00 p.m.
(Pawel Gaul/Getty Images)
(Pawel Gaul/Getty Images)