OmniBOLT, the Lightning Network protocol, will launch a global point of sale service in Q4.

BlockBeats News, July 24th, the stablecoin lightning network protocol OmniBOLT is expected to launch a global payment service for cross-border and cross-domain merchants in the fourth quarter of this year, helping users solve many difficulties such as "difficulties in receiving payments, low efficiency, high risk, expensive fees, and serious exchange losses". OmniBOLT's global payment service has practical functions such as "bill collection, collection and payment on behalf of others, offline settlement, and online real-time settlement", which help merchants have the ability to collect payments globally 24*7. At the same time, OmniBOLT has established partnerships with multiple virtual card issuers, providing more than 20 fiat currency fast exchange channels including USD, CAD, SGD, VND, and THB, with four characteristics of compliance, payment and settlement, fund security, and low rates. OmniBOLT is a lightning network protocol based on Omnilayer, which enables the lightning network to support various tokens, including stablecoins.