{"id":4356,"date":"2023-05-19T21:30:02","date_gmt":"2023-05-19T21:30:02","guid":{"rendered":"http:\/\/ci02bfa989300024be"},"modified":"2023-05-19T21:30:02","modified_gmt":"2023-05-19T21:30:02","slug":"strike-expands-globally-introduces-usdt-support-and-more-at-bitcoin-2023","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/strike-expands-globally-introduces-usdt-support-and-more-at-bitcoin-2023","title":{"rendered":"Strike Expands Global Reach, Introduces USDT Support And Unveils Enhanced App At Bitcoin 2023 Conference"},"content":{"rendered":"
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At Bitcoin 2023 in Miami Beach, global bitcoin payments service Strike<\/a> announced that their service is now available in 65 more countries spread across six continents. This coincides with the introduction of the ability to receive funds in U.S. dollar equivalents, namely USDT. In addition, the app received a major facelift and overhaul that has made the UI cleaner, the UX friendlier and also includes a new logo.<\/p>\n

Many of the countries that have been requested by users of Bitcoin Twitter are now able to instantly send and receive money utilizing the Lightning Network. In an interview with Strike\u2019s VP of Product, Manuela Rios, she explained that the app now has an effective reach of 3 billion people. <\/p>\n

\u201cWith Send Globally,<\/a> the value prop is that you send dollars and receive as a local currency directly in a bank account on the other side \u2026 this one\u2019s different \u2014 what we found through user research that people on the other side in jurisdictions with weak currencies would say \u2018Hey this experience is amazing, but can I have a dollar equivalent?\u2019\u201d <\/p>\n

In regards to purchasing Bitcoin, Rios said that \u201cglobally, you don\u2019t see a seamless experience.\u201d So the new Strike app also functions as a Lightning wallet where you can buy and sell bitcoin via dollar equivalent rails. <\/p>\n

At his speech at Bitcoin 2023, Strike CEO Jack Mallers explained the wider vision of the updates, saying “We\u2019re delivering a cash balance that the global south can rely on, and an awesome beautiful punk unconventional black and white brand, as the Fed is driving our own banks insolvent.”<\/p>\n

He also highlighted the company\u2019s response to feedback, displaying a set of tweets asking for LNURL support, shortly after announcing that the new app has LNURL support \u2014 all usernames@strike.me<\/a> function as a LNURL as of the launch.<\/p>\n

\u201cWe made a lot of product changes to support what we hope to become an amazing global money app,\u201d Mallers said. \u201cAs a company, we know what we\u2019re fighting for, we know who we are, we changed the way we looked, but we never changed the way we felt.\u201d <\/p>\n

In addition to the new features and access, the app includes a simplified sign-up process in order to make signing up easier. \u201cThe end goal for us is to serve 7-8 billion people, and we\u2019ll be stepping our way to make it to the countries that didn\u2019t make it in this MVP,\u201d Rios explained. <\/p>\n

Rios explained the impact of the launch and additional features, saying that \u201cFor the Bitcoiners, you can expect a beautiful Lightning wallet and a cost effective way to buy bitcoin, and for the people not yet so familiar with bitcoin, but are familiar with 109% inflation, giving them access to a U.S. dollar equivalent stablecoin is massive \u2014 now you can save in something that won\u2019t be so quickly devalued.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"

Strike announced its availability in 65 additional countries, a new app design and USDT support at Bitcoin 2023.<\/p>\n","protected":false},"author":2730,"featured_media":922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1355,130,93,532,780],"class_list":{"0":"post-4356","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-app","9":"tag-lightning","10":"tag-news","11":"tag-strike","12":"tag-wallet"},"author_data":{"id":2730,"name":"BtcCasey","nicename":"casey","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/02\/jn_tjlo_400x400.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/dscf3538-1-scaled.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/4356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2730"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=4356"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/4356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/922"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=4356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=4356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=4356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}