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Bitcoin and the Lightning Network are moving payments globally



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Welcome back to Chain Reaction, a podcast diving deep into the stories, backgrounds and latest news with the biggest names in crypto.
For this week’s episode, Jacquelyn interviewed Jack Mallers, the founder and CEO of Strike, a bitcoin-based payment network and financial app that is trying to expand the reach of cross-border payments and remittance markets.
Last year, Mallers’ company raised $80 million in a Series B round to grow into that space, and today counts major companies like Visa, Clover and Fiserv among its partners.
“I think it’s about meeting consumers where they are and solving a problem for them,” Mallers said.
Mallers is also the CEO of Zap, a bitcoin investment and payments company that transacts on the Lightning Network, which is a second layer on Bitcoin’s blockchain that allows for off-chain transactions between parties.
“We’re a business involved with Bitcoin but we don’t care about its price,” Mallers …

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