Apps like Strike have implemented features to allow users to conduct cash final remittance transactions in the user’s specified currency for almost 0 transaction charges using the lightning network. Additionally, from the videos I have seen, users can also choose to convert their final remittance payment into any fiat currency for free. This technology for payment systems looks revolutionary as it would save companies around 5% on all foreign transactions, which could account for millions/billions of annual savings for large companies.
Why are more companies not currently adopting this payment system and what are the solutions to these problems (if there are any)?
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