Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar

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Users of the Muun wallet, which utilizes both the bitcoin and lightning layers to process transactions, have been charged high fees, particularly those employing it for payments at South African retail chain Pick N Pay, said Kgothatso. Congestion on the mempool has meant that swaps in the Muun wallet are expensive, with users having to foot the bill, Kgothatso added.

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