Strike Expands Global Reach, Introduces USDT Support and Unveils Enhanced App at Bitcoin 2023 Conference

Bitcoin in Miami Beach in 2023, Global Bitcoin Payment Service strike announced that their service is now available in 65 more countries spread across six continents. This coincided with the introduction of the ability to receive funds in US dollar equivalents, namely USDT. In addition, the app received a major facelift and overhaul that has made the UI cleaner, UX friendlier and includes a new logo.

Multiple countries are now able to send and receive money instantly using the Lightning Network, as requested by users of Bitcoin Twitter. In an interview with Strike’s VP of Product, Manuela Rios, she pointed out that the app now has an effective reach of 3 billion people.

“With Send Globally, the value prop is that you send dollars and receive as local currency directly into a bank account on the other side… It’s different – ​​which we found through user research that weaker currencies on the other side Those in the jurisdiction will say ‘Hey this experience is wonderful, but can I have the equivalent of a dollar?’

In regards to buying bitcoin, Rios said that “globally, you don’t see a seamless experience.” So the new Strike app also acts as a lightning wallet where you can buy and sell bitcoin against the dollar via Rails.

In his speech at Bitcoin 2023, Jack Mollers, CEO of Strike, explained the overarching vision of the update, saying, “We are providing a cash balance that the global south can trust, and a terrifyingly beautiful one as the Fed The unorthodox black and white brand of punk is bankrupting our own banks.”

He also highlights the company’s response to the backlash, displaying a set of tweets asking for LNURL support, shortly after announcing that the new app has LNURL support — all username@strike.me Act as LNURL at launch.

“We’ve made a lot of product changes to build what we hope to be an amazing global money app,” Mollers said. “As a company, we know what we’re fighting for, we know who we are, we changed the way we looked, but never changed the way we felt.”

In addition to new features and accessibility, the app includes a simplified sign-up process to make signing up easy. “The ultimate goal for us is to serve 7-8 billion people, and we will move to extend this to countries that did not make it to this MVP,” Rios explained.

Rios explained the impact of the launch and additional features, saying that “for bitcoiners, you can expect a beautiful Lightning wallet and cost-effective way to buy bitcoin, and for those not yet familiar with bitcoin But are exposed to 109% inflation, giving them access to a stablecoin equivalent to the US dollar is massive – now you can save on something that won’t devalue so quickly.