{"id":86830,"date":"2023-11-09T17:08:50","date_gmt":"2023-11-09T15:08:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86830"},"modified":"2025-09-13T07:57:41","modified_gmt":"2025-09-13T04:57:41","slug":"lightning-network-to-be-supported-in-el-salvadors-bitcoin-atms","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/lightning-network-to-be-supported-in-el-salvadors-bitcoin-atms\/","title":{"rendered":"Lightning Network to be supported in El Salvador&#8217;s Bitcoin ATMs"},"content":{"rendered":"<p>Athena Bitcoin Global and Genesis Coin integrate <a href=\"https:\/\/forklog.com\/en\/news\/lightning-network-faster-cheaper-bitcoin-transactions\">Lightning Network (LN)<\/a> into Bitcoin ATMs in El Salvador and other Latin American countries. This is reported by<a href=\"https:\/\/www.marketscreener.com\/quote\/stock\/ATHENA-BITCOIN-GLOBAL-120797783\/news\/Athena-Bitcoin-Global-and-Genesis-Coin-Inc-Team-Up-to-Launch-Lightning-Network-for-Bitcoin-ATMs-in-45267801\/\"> MarketScreener<\/a>.<\/p>\n<p>The initiative aims to speed withdrawals and minimise fees.<\/p>\n<p>The update will be rolled out gradually, starting with <a href=\"https:\/\/forklog.com\/en\/news\/bitso-details-success-of-el-salvadors-chivo-bitcoin-wallet\">Chivo<\/a> devices in El Salvador, where by the end of the year 100 installations are planned to be upgraded. The rest will undergo modernization in the first quarter of 2024.<\/p>\n<p>As of this writing, the capacity of the Lightning Network stands at 5,460 BTC (~$200.2 million).<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-819.webp\" alt=\"1-819\" class=\"wp-image-219733\"\/><figcaption class=\"wp-element-caption\">\u0414\u0430\u043d\u043d\u044b\u0435:<a href=\"https:\/\/www.theblock.co\/data\/on-chain-metrics\/bitcoin\/lightning-networks-capacity-daily\"> The Block<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>Earlier in October, River Financial described the LN growth over the previous two years as a shock.<\/p>\n<p>In the same month, El Salvador&#8217;s Vice President F\u00e9lix Ulloa<a href=\"https:\/\/forklog.com\/en\/news\/el-salvador-officials-discuss-bitcoins-role-in-the-countrys-revival\"> linked<\/a> the country&#8217;s exit from the crisis to<a href=\"https:\/\/forklog.com\/en\/news\/el-salvador-legalises-bitcoin-as-government-buys-550-btc\"> the adoption<\/a> in 2021 of the first cryptocurrency as legal tender.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Athena Bitcoin Global and Genesis Coin integrate Lightning Network (LN) into Bitcoin ATMs in El Salvador and other Latin American countries.<\/p>\n","protected":false},"author":1,"featured_media":86831,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1189,1278,325],"class_list":["post-86830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptomats","tag-el-salvador","tag-lightning-network"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=86830"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86830\/revisions"}],"predecessor-version":[{"id":86832,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86830\/revisions\/86832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/86831"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=86830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=86830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=86830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}