Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk & Jamie Crawley, reporters at CoinDesk.
In this issue:
Nasdaq-Listed SoFi Taps Bitcoin Lightning for Remittances
Bitcoin DeFi Project Enters Solana with BTC-Backed Token YBTC
Valantis Acquires stHYPE, Expanding Liquid Staking Reach on Hyperliquid
Hyperbeat Secures $5.2M Backing From ether.Fi, Electric Capital
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Network News
SOFI TAPS BITCOIN LIGHTNING FOR REMITTANCES: SoFi Technologies will soon allow remittance payments on top of the Bitcoin layer-2 Lightning Network through a partnership with Lightspark, aiming to bring real-time international money transfers to its members. SoFi’s remittance product, which is expected to roll out later this year, will allow users to send U.S. dollars through the SoFi app, with recipients receiving local currency deposi
We współpracy z: https://www.coindesk.com/tech/2025/08/20/nasdaq-listed-sofi-taps-bitcoin-lightning-for-remittances