When El Salvador passed a law making bitcoin legal tender in the country, it did not just set itself on a path to add the payment option to existing infrastructure. It provided regulatory clarity that allowed an existing Bitcoin-forward platform to better serve its citizens.
Thanks to the regulation, Strike, the Lightning Network-focused startup helping El Salvador build its national bitcoin-based payments system, will no longer need to substitute U.S. dollars with Tether’s USDT stablecoin.