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STW1⚡️: USD over lightning
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STW1⚡️: USD over lightning

STW1⚡️: USD over lightning

https://www.youtube.com/watch?v=5TOjY9wQoeY

About Galoy

Galoy's team develops and supports open source software that lets communities of any type and size self-organize as a Bitcoin bank. We have the team, technology and track record to help onboard your community to Bitcoin and Lightning.

  • Team: A growing team of world-class software developers, educators, designers and data scientists spanning across 10 countries.

  • Technology: We are building a robust set of open source products on a dependable technology stack that is built to scale.

  • Track record: The Bitcoin Beach Wallet is helping to create a sustainable Bitcoin economy in a previously unbanked town in El Salvador.

About this video

Galoy's CEO, Nicolas Burtey gives an overview of their API and how it enables USD payments over Lightning.

Chapters
00:00
- Introduction to Galoy & Lightning enabled USD payments

33:37 - Galoy API Demo

35:02 - PoC: Bitcoin Beach

37:33 - Community Banking w. Galoy

40:55 - KYC Requirements

41:32 - Running Galoy on local hardware

44:30 - USD payments w. Galoy's API