Crossborder Settlements Panel
summary
Panel contrasts SWIFT’s 24–48 hour, multi‑correspondent hops with Lightning solutions that stitch two cheap local bank transfers to a Lightning hop and settles in ~5 minutes, cutting FX spreads that can reach 40–50% down to fractions. Companies (Marva Pay, Orange, IBEX, Swoop) use local fiat rails + Lightning liquidity, IBEX funds channels to avoid locked capital, and teams report proven $35k+ Lightning txns. Stablecoins demand float on both ends, expose users to US debt and seizure, while Lightning promises sub-1% costs and instant finality.
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chapters (10)
- 0:00Cross-border payments panel intro
- 1:23Traditional cross-border payments
- 3:11Lightning Network explained
- 10:28Lightning infrastructure & liquidity
- 12:15Lightning vs SWIFT efficiencies
- 19:21Lightning vs stablecoins
- 27:53Stablecoin political risks
- 37:00Scaling Lightning payments
- 40:29Why XRP failed
- 41:55Bitcoin’s future in payments
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