Amboss Launches RailsX Lightning P2P Platform for Bitcoin and Stablecoin Trading

Amboss Technologies launched RailsX, a Lightning Network peer-to-peer platform for Bitcoin and stablecoin trading, on Jan. 30, The Block reports. The FPGA-based platform enables atomic cross-asset swaps via circular self-payments over Lightning channels, allowing holders to trade while retaining custody. RailsX will partner with Magnolia and Bringin to support connectivity with U.S. and European banking systems for fiat conversion.