Amboss announces RailsX, a peer-to-peer exchange on Bitcoin's Lightning Network that allows users to trade bitcoin and stablecoins directly without centralized exchanges or custody loss. It leverages Lightning and Taproot Assets for low-cost, instant swaps, with fiat on/off-ramps provided by partners.

Amboss, a leading infrastructure provider for the Bitcoin Lightning Network, has launched RailsX, a peer-to-peer exchange that enables users to trade bitcoin and stablecoins directly without relying on centralized exchanges or custodians. Using Lightning payment channels and the Taproot Assets protocol, RailsX facilitates instant, low-cost swaps while keeping funds in users' self-custody. The platform addresses the pain point of moving between bitcoin and fiat currencies—traditionally requiring trust in centralized platforms that may freeze funds, charge high fees, or restrict access by geography. RailsX builds on Amboss's existing product Rails, which lets users provide liquidity to Lightning channels and earn fees. Partnerships with Magnolia and Bringin provide fiat on/off ramps in the U.S. and Europe, bridging Bitcoin and traditional finance. The launch coincides with renewed industry support for Bitcoin-native stablecoins, with executives from Tether and Lightning Labs endorsing Taproot Assets for issuing USDT on Bitcoin. Amboss CEO Jesse Shrader called RailsX "the next step in Bitcoin's evolution" toward everyday financial activity.