- Lightning Network provider will operate in 65 countries
- And will issue plastic cards with stablecoins
Strike Payment Company announced on plans to expand its presence in the global market. They are moving their headquarters from Chicago to El Salvador, a country where bitcoin is legally accepted.
This solution allows you to kill two birds with one stone. First, to expand the presence of the company in the world of cryptocurrencies. And secondly, to protect ourselves from the growing pressure of American regulators.
Strike CEO Jack Mullers spoke at the Bitcoin 2023 conference in Miami. There he announced plans to move.
“Two years ago, people would have laughed at me if I proposed moving our headquarters to El Salvador. But now that Coinbase is fighting Gary Gensler, who’s going to laugh?”
From now on, the application can be used by citizens of new countries, including India, New Zealand, Bhutan, Brazil, Ecuador, Guatemala, Honduras, Kenya, Paraguay and Uganda. In the future, Mullers plans to expand its company to 65 countries.
So far, Strike only offers users access to bitcoin transfers. In parallel, the company is working on the introduction of new banking functions and the issuance of a plastic card. They will appear in 2023. In addition, the app will offer the option to pay in US dollars via the USDT stablecoin.
In early May, Strike introduced a new API based on Bitcoin Lighting. It sends transfers directly to bank accounts in dollars.