Amboss unveils RailsX for direct Lightning trading

Amboss launched RailsX, a Lightning-based P2P platform for direct bitcoin and stablecoin trading, enabling self-custody, instant swaps, and integration with U.S. and European banks.

Amboss Technologies has introduced RailsX, a peer-to-peer platform built natively on the Bitcoin Lightning Network. RailsX enables users to trade bitcoin and stablecoins directly, without intermediaries or giving up custody of their assets. The platform leverages atomic swaps via circular self-payments in Lightning channels, ensuring secure and instant transactions. RailsX integrates Amboss’s Magma liquidity marketplace and Taproot Assets, supporting the issuance and transfer of stablecoins within the Lightning infrastructure. This allows users to seamlessly swap assets while maintaining control over their funds. Additionally, RailsX connects with banking systems in the U.S. and Europe, facilitating fiat currency exchanges. Unlike traditional exchanges, RailsX does not hold customer assets or operate a standard order book, focusing instead on decentralized, low-cost, and censorship-resistant trading solutions for bitcoin and stablecoins.