Let’s walk through a user story. I want to send $1,000 to a friend of mine in El Salvador:
* When I initiate the $1,000 payment, Strike debits my existing USD balance.
* Strike then automatically converts my $1,000 to bitcoins ready for use in its infrastructure using its real-time automated risk management and trading infrastructure.
* Strike then moves the bitcoins across the Gulf of Mexico where it arrives in our Central American infrastructure in less than a second and for no cost.
* Strike then takes the bitcoins and automatically converts them back into USDT (synthetic digital dollar known as Tether) using its real-time automated risk management and trading infrastructure.
* Strike then credits the existing user with the USDT to their Strike account.
[1] https://jimmymow.medium.com/announcing-strike-global-2392b90...