BlockBeats News, January 30th, according to The Block, Amboss Technologies announced the launch of RailsX, a P2P platform based on the Lightning Network. This is a peer-to-peer trading platform built on native FPGA for Bitcoin and stablecoin trading.
RailsX achieves atomic cross-asset swaps through circular self-payments on Lightning Network channels, allowing Bitcoin and stablecoin holders to trade directly while retaining custody rights.
In addition, Rails has partnered with Magnolia and Bringin to support connections with traditional banking systems in the US and Europe, enabling fiat currency exchanges.
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