OmniBOLT has partnered with Singaporean payment company Melogoldpay to offer a global cash register and settlement system based on the Lightning Network.

BlockBeats News reported on July 3rd that OmniBOLT has recently partnered with Melogoldpay, a payment company based in Singapore, to provide a global cash register and clearing system based on the Lightning Network for traditional merchants and Web3 innovative applications, enabling users to easily and securely make cross-border payments and settlements. The system supports both large and small payments and settlements. The two parties will also collaborate with multiple banks and regulatory agencies to ensure compliance. OmniBOLT is a Lightning Network protocol based on the Omni layer, which enables the Lightning Network to support various tokens, including stablecoins. The Omni layer has successfully issued USDT. Melogoldpay provides global payment solutions, helping users easily receive payments from around the world and providing a complete set of payment solutions for the next generation of web applications.