Currently only 3.7% of the world’s crypto ATMs support the Lightning Network protocol.
Athena Bitcoin, the company operating a state-owned chain of crypto ATMs in El Salvador, plans to integrate the Lightning Network into 100 of these machines in the next couple of months.the use of the Lightning Network technology across their technology infrastructure and will now begin implementing them at first in El Salvador and then across Latin America.The Lightning Network is a"layer 2" payment protocol that enables faster withdrawals and minimizes transaction fees.
7% of the world’s crypto ATMsAthena intends to switch on the Lightning support in 100 of the state-owned Chivo ATMs it’s operating in El Salvador by December 2023. The remaining kiosks, including the Athena-branded ones, will follow in Q1 2024. There are currently 215 crypto teller machines in El Salvador.as president in 2024. “Five more , five more and not one step back,” Bukele said in a speech in front of thousands of Salvadorans.
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