Mexican Internet Provider Enables Bitcoin Lightning Payments, Driving Institutional Adoption

In a significant advancement for the crypto market in Mexico, a leading internet service provider has integrated Bitcoin Lightning payments. This development follows closely on the heels of MicroStrategy founder Michael Saylor’s announcement regarding the utilization of the Bitcoin Lightning Network in the corporate sector. MicroStrategy, being the largest institutional holder of Bitcoin, revealed its plans to launch a product suite that includes a Bitcoin (BTC) wallet and a Lightning address for its corporate account holders.

This latest development in Mexico demonstrates another stride toward complete institutional adoption of the primary cryptocurrency. The Bitcoin Lightning network serves as a layer 2 solution built on top of the native blockchain. By utilizing micropayment channels, the Lightning network maximizes the efficiency and reduces the costs associated with Bitcoin transactions.

As of Thursday, Total Play, one of the prominent internet providers in Mexico, has integrated BTC Lightning-based payments. The internet provider has implemented a user-friendly payments dashboard that offers the choice between on-chain Bitcoin payments and BTC Lightning payments. This development could prove to be significant in Mexico, as widespread Bitcoin usage has the potential to educate more individuals about the various use cases of cryptocurrencies. According to DB-IP, Total Play Telecommunications currently holds the eighth position in the list of the top 20 organizations with the largest IP allocations in Mexico.

Leave a Reply


Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Popular Posts

Nigerian Government Refutes U.S. Lawmakers’ Claims on Binance Executive’s Health in Detention
June 23, 2024By
Nigerian SEC Unveils Accelerated Program for Virtual Assets Service Providers
June 23, 2024By
Winklevoss Twins Donate $1 Million in Bitcoin Each to Support Trump’s Presidential Campaign
June 21, 2024By


Video Posts

Crypto Stats

CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin63,710 0.40 % 0.91 % 4.14 %
Ethereum3,424.9 1.18 % 2.06 % 4.78 %
Tether0.9999 0.08 % 0.02 % 0.06 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %

Please enter CoinGecko Free Api Key to get this plugin works.