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Square Bets Big on Lightning Network—Offers 9.7% Bitcoin Yield While TradFi Banks Scramble
Square Bets Big on Lightning Network—Offers 9.7% Bitcoin Yield While TradFi Banks Scramble
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Jack Dorsey’s fintech disruptor just dropped a yield bomb on traditional finance. Square’s Lightning Network play now delivers a 9.7% return on bitcoin holdings—roughly 10x what your bank offers for dollar deposits (if you’re lucky).
The move signals growing institutional confidence in Bitcoin’s layer-2 solution, even as Wall Street struggles to explain their ’blockchain initiatives’ to shareholders. Lightning adoption could finally bridge crypto’s scalability gap—or become another casualty in the high-stakes race for mainstream adoption.
Either way, that 9.7% APY stings more than your financial advisor’s 1% management fee.
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