Amboss Technologies Launches RailsX for Bitcoin and Stablecoin Trading

Amboss Technologies has introduced RailsX, a peer-to-peer platform built on the Lightning Network, designed for trading Bitcoin and stablecoins. According to BlockBeats, RailsX is constructed using native FPGA technology and facilitates atomic cross-asset swaps through self-payment loops on Lightning Network channels. This allows Bitcoin and stablecoin holders to trade directly while retaining custody. Additionally, RailsX collaborates with Magnolia and Bringin to enable connections with traditional banking systems in the United States and Europe, facilitating fiat currency exchanges.