PANews reported on January 30th that Amboss Technologies unveiled RailsX, a peer-to-peer trading platform powered by native FPGAs designed for Bitcoin and stablecoin exchanges. By leveraging circular self-payments via Lightning Network channels, the platform enables atomic swaps—meaning Bitcoin and stablecoin holders can trade directly while maintaining full custody of their funds. Additionally, Rails has partnered with Magnolia and Bringin to establish connections with traditional banks across the US and Europe, thereby streamlining fiat currency conversions. Overall, this development represents a significant step toward bridging decentralized and conventional financial systems.
PANews reported on January 30th that, according to The Block, Amboss Technologies launched RailsX, a peer-to-peer trading platform built on native FPGAs for Bitcoin and stablecoin trading. RailsX enables atomic swaps across assets through revolving self-payments on Lightning Network channels, allowing Bitcoin and stablecoin holders to trade directly while retaining custody. Furthermore, Rails has partnered with Magnolia and Bringin to support connections with traditional banking systems in the US and Europe for fiat currency exchange.
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