LQWD Technologies Announces Expansion of Stablecoin Capabilities and Welcomes Tether's Integration with Lightning Network
LQWD Technologies (TSXV: LQWD, OTCQX: LQWDF) announces the integration of stablecoin capabilities into its Lightning Network infrastructure, expected to complete by end of February 2025. This development follows Tether's recent announcement of bringing USD stablecoin to the Lightning Network, serving over 350 million users globally.
The integration is positioned as a significant catalyst for both LQWD and the Lightning Network. In 2024, Tether processed over $10 trillion in transactions, approaching Visa's $16 trillion volume. The White House's crypto czar, David Sacks, emphasized stablecoins' potential to enhance US dollar dominance globally and create substantial demand for US treasuries.
LQWD's development team is expanding its infrastructure to handle USD stablecoin payments, focusing on providing seamless, instant, and low-cost transactions globally. The company operates from Vancouver and Lugano, Switzerland.
LQWD Technologies (TSXV: LQWD, OTCQX: LQWDF) annuncia l'integrazione delle capacità di stablecoin nella sua infrastruttura Lightning Network, prevista per essere completata entro la fine di febbraio 2025. Questo sviluppo segue l'annuncio recente di Tether di portare la stablecoin USD nella Lightning Network, servendo oltre 350 milioni di utenti in tutto il mondo.
L'integrazione è considerata un catalizzatore significativo sia per LQWD che per la Lightning Network. Nel 2024, Tether ha elaborato oltre $10 trilioni in transazioni, avvicinandosi ai $16 trilioni di volume di Visa. Il czar delle criptovalute della Casa Bianca, David Sacks, ha sottolineato il potenziale delle stablecoin di migliorare il dominio del dollaro USA a livello globale e di creare una domanda sostanziale per i titoli di stato americani.
Il team di sviluppo di LQWD sta espandendo la sua infrastruttura per gestire i pagamenti in stablecoin USD, concentrandosi sull'offerta di transazioni senza soluzione di continuità, istantanee e a basso costo in tutto il mondo. L'azienda opera da Vancouver e Lugano, in Svizzera.
LQWD Technologies (TSXV: LQWD, OTCQX: LQWDF) anuncia la integración de capacidades de stablecoin en su infraestructura de Lightning Network, que se espera completar para finales de febrero de 2025. Este desarrollo sigue el reciente anuncio de Tether de llevar la stablecoin USD a la Lightning Network, sirviendo a más de 350 millones de usuarios en todo el mundo.
La integración se posiciona como un catalizador significativo tanto para LQWD como para la Lightning Network. En 2024, Tether procesó más de $10 billones en transacciones, acercándose al volumen de $16 billones de Visa. El czar de criptomonedas de la Casa Blanca, David Sacks, enfatizó el potencial de las stablecoins para mejorar el dominio del dólar estadounidense a nivel global y crear una demanda sustancial por los tesoros estadounidenses.
El equipo de desarrollo de LQWD está ampliando su infraestructura para manejar pagos en stablecoin USD, enfocándose en proporcionar transacciones sin interrupciones, instantáneas y de bajo costo a nivel global. La empresa opera desde Vancouver y Lugano, Suiza.
LQWD Technologies (TSXV: LQWD, OTCQX: LQWDF)는 라이트닝 네트워크 인프라에 스테이블코인 기능 통합을 발표하며, 2025년 2월 말까지 완료할 예정이다. 이 발전은 Tether가 라이트닝 네트워크에 USD 스테이블코인을 도입하겠다고 발표한 후 나왔다. 이는 전 세계 3억 5천만 명 이상의 사용자를 대상으로 한다.
이번 통합은 LQWD와 라이트닝 네트워크 모두에 있어 중요한 촉매제로 자리잡고 있다. 2024년 동안 Tether는 $10조 이상의 거래를 처리하여 Visa의 $16조 거래량에 근접했다. 백악관의 암호화폐 자문가인 David Sacks는 스테이블코인이 미국 달러의 글로벌 우위를 높이고 미국 재무부에 대한 상당한 수요를 창출할 잠재력이 있다고 강조했다.
LQWD의 개발팀은 USD 스테이블코인 결제를 처리할 수 있도록 인프라를 확장하고 있으며, 전 세계적으로 원활하고 즉각적이며 저렴한 거래를 제공하는 데 집중하고 있다. 이 회사는 밴쿠버와 스위스 루가노에서 운영된다.
LQWD Technologies (TSXV: LQWD, OTCQX: LQWDF) annonce l'intégration de fonctionnalités de stablecoin dans son infrastructure Lightning Network, dont l'achèvement est prévu d'ici la fin de février 2025. Ce développement fait suite à l'annonce récente de Tether d'apporter la stablecoin USD au Lightning Network, servant plus de 350 millions d'utilisateurs dans le monde.
L'intégration est positionnée comme un catalyseur significatif tant pour LQWD que pour le Lightning Network. En 2024, Tether a traité plus de $10 billions en transactions, s'approchant du volume de $16 billions de Visa. Le czar des cryptomonnaies de la Maison Blanche, David Sacks, a souligné le potentiel des stablecoins pour renforcer la domination du dollar américain à l'échelle mondiale et créer une demande substantielle pour les bons du Trésor américain.
L'équipe de développement de LQWD élargit son infrastructure pour gérer les paiements en stablecoin USD, en se concentrant sur la fourniture de transactions fluides, instantanées et à faible coût dans le monde entier. L'entreprise opère depuis Vancouver et Lugano, en Suisse.
LQWD Technologies (TSXV: LQWD, OTCQX: LQWDF) kündigt die Integration von Stablecoin-Funktionen in seine Lightning Network-Infrastruktur an, die bis Ende Februar 2025 abgeschlossen sein soll. Diese Entwicklung folgt auf die kürzliche Ankündigung von Tether, die USD-Stablecoin in das Lightning Network zu bringen und über 350 Millionen Nutzer weltweit zu bedienen.
Die Integration wird als bedeutender Katalysator sowohl für LQWD als auch für das Lightning Network positioniert. Im Jahr 2024 verarbeitete Tether über $10 Billionen an Transaktionen und näherte sich dem Volumen von $16 Billionen von Visa. Der Krypto-Czar des Weißen Hauses, David Sacks, betonte das Potenzial von Stablecoins zur Verbesserung der globalen Dominanz des US-Dollars und zur Schaffung einer erheblichen Nachfrage nach US-Staatsanleihen.
Das Entwicklungsteam von LQWD erweitert seine Infrastruktur, um Zahlungen in USD-Stablecoins abzuwickeln, und konzentriert sich darauf, weltweit nahtlose, sofortige und kostengünstige Transaktionen zu ermöglichen. Das Unternehmen hat seinen Sitz in Vancouver und Lugano, Schweiz.
- Integration with Tether's stablecoin network potentially exposes LQWD to 350 million users globally
- Strategic alignment with growing stablecoin market that processed $10 trillion in transactions in 2024
- Favorable regulatory outlook with White House support for stablecoin framework
- Integration development still pending completion
- High competition in the payment processing space against established players like Visa
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2025) - Canada's premier Bitcoin-backed strategy LQWD Technologies Corp. (TSXV: LQWD) (OTCQX: LQWDF) ("LQWD" or the "Company"), a leading provider of enterprise-grade transaction infrastructure and liquidity-on-demand for the Lightning Network announces that development efforts are focused on integration of stablecoin capabilities into the Company's Lightning Network infrastructure. This development is targeted to be completed by month end or shortly thereafter.
A transformative catalyst for LQWD and the Lightning Network, Tether, the world's largest stablecoin serving over 350 million users globally, recently announced bringing US dollar-denominated stablecoin ($USD₮) on the Lightning Network. Furthermore, David Sacks, the Whitehouse's newly named crypto czar said that laying out a "clear regulatory framework" for stablecoins is his first order of business. He believes stablecoins could ensure US dollar dominance globally, increase the use of US dollars as the global reserve currency, and create trillions of dollars in demand for US treasuries. Additionally, Stablecoin issuers are already collectively a top 20 holder of US treasuries. With this trend accelerating, stablecoin issuers are poised to become a top 10 holder of treasuries in the future.
"This is a game-changer for rapid Lightning adoption," said Shone Anstey, CEO of LQWD Technologies. "Tether on Lightning not only enhances the network's utility but has the potential to onboard hundreds of millions of users and facilitate trillions of transactions."
As an example, in 2024, Tether, processed over
"This milestone marks a major leap forward for scalability, cost-efficiency, and the mass adoption of Bitcoin and the Lightning Network." Mr. Anstey further commented. "Stablecoins play a critical role in digital transactions, and this move strengthens Bitcoin's case as a viable medium of exchange-perfectly aligning with our vision of making internet-powered payments faster, lower cost, and more accessible worldwide."
LQWD's development team has been expanding the Company's Lightning infrastructure to efficiently handle USD₮ stablecoin payments, ensuring seamless, instant, and low-cost transactions for users globally. This strategic expansion strengthens LQWD's position as a key player in the growing Lightning ecosystem, capitalizing on the rising demand for stablecoin transactions.
LQWD is a Canadian company with offices in Vancouver and Lugano, Switzerland. It is a fully transparent, audited, publicly traded company listed on the TSX Venture Exchange in Canada under the symbol LQWD and on the OTCQX in the United States under the symbol LQWDF.
About LQWD Technologies Corp.
LQWD is focused on enhancing shareholder value through its innovative Bitcoin accumulation strategy and scalable yield-generating opportunities through the Company's Lightning Network operations.
For more information, please visit LQWD's corporate presentation and connect with the Company's Lightning Network nodes in real time.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: ashley@lqwdtech.com
Website: www.lqwdtech.com
Twitter: @LQWDTech
Forward-Looking Statements
This release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the Company's industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release shall not constitute an offer to sell or the solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240247
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