Lightning Network's institutional adoption is forecasted to grow as businesses look for cheaper and more efficient Bitcoin payments

Quotes that support claims

The integration with Voltage’s Lightning infrastructure will enable Bitcoin transactions that are more than 90% faster and 90% cheaper than traditional on-chain transactions. According to the companies, the initiative is expected to accelerate adoption of the Lightning Network among institutional clients, while also laying the groundwork for seamless stablecoin settlement via the same network.

BitGo has announced its integration with Voltage, enabling support for the Bitcoin Lightning Network for its institutional clients. This development allows BitGo users to access fast and low-fee Bitcoin Lightning payments directly via API, simplifying the transaction process without the need for additional partners. The integration is expected to benefit approximately 1,500 institutional clients, enhancing their ability to transact on Bitcoin’s Lightning Network. This move is part of a broader trend in the cryptocurrency space aimed at scaling Bitcoin while maintaining its core principles of trust and efficiency.