Buy $GGsBreaking: Mexico’s Top Internet Provider Integrates Bitcoin Payments
Crypto Market News: In a major breakthrough for crypto market participants in Mexico, a top internet service provider integrate Bitcoin Lightning payments. The development comes just few days after Microstrategy founder Michael Saylor announced plans to leverage the Bitcoin Lightning Network in the corporate world. The tech company, which is the largest institutional Bitcoin holder, announced that it was planning to launch a product suite with a Bitcoin (BTC) wallet and a Lightning address to corporate accounts holders.
Also Read: Coinbase Rolls Out Zero Fee Trading Program, Expands Outside US
The latest development in Mexico marks yet another move towards complete institutional adoption for the top cryptocurrency. The Bitcoin Lightning network is a layer 2 solution on top of the native blockchain. The Lightning network uses micropayment channels to leverage the native Bitcoin for performing transactions more efficiently and at lower costs.
Mexico Users Can Now Pay Internet Bills In BTC
On Thursday, Total Play, one of the top internet providers in the North American country, integrated the BTC Lightning based payments. The internet provider enabled a simple payments dashboard that asks user to chose between on chain Bitcoin payment and BTC Lightning payment. This could go on to be a significant development in the United States’ neighboring nation, as mainstream Bitcoin usage could further educate people on crypto use cases. According to the DB-IP, Total Play Telecommunications stands at rank 8 in the list of top 20 organizations with the largest IP allocations in Mexico.
BREAKING: 🇲🇽 One of Mexico’s largest internet providers Total Play integrated #Bitcoin Lightning payments 🙌 pic.twitter.com/DKqfHCQ0ie
— Bitcoin Magazine (@BitcoinMagazine) May 18, 2023
Meanwhile, the Lightning Network solution can be used as a stop gap measure in situations where on chain transactions are suspended due to technical difficulties. Recently, top crypto exchange Binance said it plans to enable BTC Lightning Network withdrawals to help in cases where on chain withdrawals come to a halt.
Also Read: XRP Lawsuit Summary Judgement Almost Ready To Go: US Attorney
Play 10,000+ Casino Games at BC Game with Ease
- Instant Deposits And Withdrawals
- Crypto Casino And Sports Betting
- Exclusive Bonuses And Rewards
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- “There Is Only One Gold,” Billionaire Ray Dalio Says Amid BTC’s Quantum Threats
- Goldman Sachs CEO Predicts ‘Weeks’ of Crypto Market Crash as U.S Iran War Continues
- Polymarket Axes ‘Nuclear Detonation’ Prediction Market Amid Public Fury
- Indiana Signs Bitcoin Bill Into Law Allowing Crypto in Retirement Plans
- ‘Time to Act Is Now’: CFTC Chief Pushes Swift Passage of CLARITY Act
- Robinhood Stock Price Prediction As Cathie Wood Buys $12M Dip in Bold ARK Move
- Bitcoin Price At Risk? Professor Who Predicted US-Iran War Says America Could Lose
- Gold Price Prediction March 2026: Rally, Crash, or Record Highs?
- RIOT Stock Prediction as Needham, Piper Sandler Slash Target After Earnings
- Cardano Price Outlook As Charles Hoskinson Warns Over CLARITY Act
- Circle Stock Price Climbs 15% to $96, Can Rally Continue in March 2026?
