Amboss CEO Talks Growth Of The Bitcoin Lightning Network, Tether (USDT) On

By Finance News On Feb 18, 2025

Founder: Jesse Shrader and Anthony Potdevin

Date Founded: March 2021

Location of Headquarters: Nashville, TN

Number of Employees: 10

Public or Private? Private

Jesse Shrader thinks that this will be an important year for the Lightning Network.

With Bitcoin’s price on the rise and Tether (USDT) coming to Lightning, Shrader posits that more and more businesses and institutions will begin to see Lightning for payments in the year ahead.

And his company, Amboss, is poised to help make this vision a reality.

“We want to extend Bitcoin as a payment system and use Lightning to do that,” Shrader told Bitcoin Magazine. “We want to make Lightning a high-efficiency, high-performance system.

Through a suite of tools and services Shrader and the team at Amboss have developed, they are prepared to onboard the next wave of institutional users to the world’s largest permissionless payment network — especially now that USDT runs on Lightning.

What Amboss Does

Amboss primarily provides intelligent payment infrastructure for digital payments using the Lightning Network.

“We deliver insights to people regarding what they should do to increase efficiency of payments on the network,” said Shrader.

To accomplish this, they offer a number of products and services.

One of the most notable of these is Amboss Space, which is a Lightning Network explorer that employs machine learning to help users retrieve information on or connect to any node on the network.

Beyond their analytics software, Amboss also provides its customers with tools and services to help improve liquidity conditions on Lightning.

One such service is Magma Marketplace, which lets users buy and sell liquidity on the Lightning Network. Using Magma, users can provide liquidity — without giving up custody of their bitcoin — for a yield.

Another is Hydro, an extension of Magma. The software enables users to automate their liquidity purchases to better ensure the success of payments.

(And Amboss also offers Reflex, a compliance suite for business customers with AML (Anti-Money Laundering) reporting obligations.)

Amboss’ analytics software and tools are built for high-volume transactions, which are becoming easier to make on Lightning.

“We measure businesses’ ability to make payments with simulations,” explained Shrader. “We’ll help businesses see how much of the network can they actually reach when they attempt a payment.”

The State Of Lightning

Shrader is optimistic when it comes to the growth of Lightning. With each passing day, users are relying on the network to send more than just micropayments.

“We’ve been successfully processing everyday payments on Lightning, which I’m defining as between $10 and $4,000 payments,” said Shrader. “We’re working to enhance the network’s capabilities even further, with a focus on decentralization.”

A chart illustrating the reliability of…