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Vida Global Pays Employees in Bitcoin via Lightning Network

Guavy AI Editorial Team
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NYSE-listed AI company Vida Global has started paying employees in Bitcoin using the Lightning network. The move comes after a worker in Argentina requested to be paid in Bitcoin due to challenges with their local currency.

Vida CEO Lyle Pratt explained that the company uses Voltage's platform to facilitate the Bitcoin payments, which are settled in U.S. dollars at the end of each month.

Pratt stated that this setup meets employee needs without adding crypto complexity to accounting. Voltage CEO Graham Krizek added that it solves a mismatch between 'global by default' AI companies and payment rails that haven't kept up.

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