Revolut has partnered with Lightspark to enhance Bitcoin transaction speeds through the Lightning Network, aiming to provide near-instant, low-cost Bitcoin transactions for users in the UK and select European Economic Area (EEA) countries.

This collaboration allows Revolut to access Lightspark's MoneyGrid, facilitating cross-border transfers and positioning the company as a leader in both traditional finance and the evolving digital payment landscape.

Emil Urmanshin, Revolut's General Manager of crypto, highlighted that this integration aligns with the company's goal of making financial services faster and more affordable.

The integration aims to provide users with cheaper and faster transactions by utilizing Lightspark's payment infrastructure, which simplifies the process of making Bitcoin payments.

The introduction of the Universal Money Address (UMA) tool further enhances the user experience by simplifying sending and receiving funds.

This partnership reflects the growing interest in the Lightning Network as financial entities seek alternatives to traditional payment systems, with Revolut's rollout initially targeting the UK and select EEA markets.

Revolut's integration into the Lightning Network follows a trend of major platforms adopting this technology for faster Bitcoin payments, similar to Coinbase's integration in April 2024.

Revolut reported a record annual pre-tax profit of $1.4 billion in April 2025, a 149% increase from the previous year, partly due to its crypto offerings.

The company plans to launch a stablecoin, although it will not be available in the United States, where Revolut exited the market in October 2023 due to regulatory issues.

Amid these developments, the U.S. is facing challenges in establishing stablecoin regulations, with the GENIUS Act making its way through the Senate.

The article notes a shift in perception about digital assets, suggesting they are moving beyond speculative investments.

Published on May 7, 2025, the article includes insights from U.S. markets reporter Krisztian Sandor, who specializes in stablecoins and tokenization.