Voltage unveils dollar-denominated revolving credit facility integrated with Bitcoin Lightning Network
A new US dollar-based revolving credit product from Voltage integrates seamlessly with Bitcoin and Lightning Network infrastructure, enabling companies to execute immediate Lightning-network payments.
Voltage, a company specializing in Bitcoin infrastructure solutions, has unveiled Voltage Credit, which represents a programmatic revolving credit facility built to enable companies to execute payments featuring Lightning-style immediate finality, all while maintaining the option to settle the credit facility in United States dollars through conventional banking channels or alternatively in Bitcoin.
According to a Thursday announcement provided to Cointelegraph, the enterprise-grade solutions provider for regulated entities indicated its focus on chief financial officers and treasury departments seeking "send now, pay later" operational flexibility utilizing the most rapid payment infrastructure currently available, all without the requirement to maintain cryptocurrency holdings on corporate balance sheets.
Instead of framing the offering as merely another loan backed by Lightning, Voltage characterized the solution as an integrated component of payment infrastructure, describing it as the "first revolving line of credit that delivers instant payment finality and the capability to settle entirely in USD."
CEO Graham Krizek explained to Cointelegraph that although companies such as Stripe and Block have combined faster payment systems with working capital solutions, they have not integrated a revolving credit facility directly within Lightning payment flows the way Voltage has accomplished, further noting that Stripe offers no Lightning support whatsoever.
Within the Block framework, he explained, Lightning capabilities and credit functions operate as distinct workflows, while Voltage enables businesses to originate credit facilities and immediately deploy them for sending or receiving Lightning and stablecoin payments instantaneously, eliminating the need for pre-funding or manual treasury operations.
Underwriting against payment flows, not static BTC collateral
According to Voltage, the platform represents a departure from conventional crypto lending practices by underwriting based on payment flows instead of requiring static Bitcoin (BTC) collateral.
Given that Voltage already operates the foundational Bitcoin and Lightning infrastructure for clients, the company can determine and modify credit limits according to the transaction volume that a business handles through its platform.
"Voltage Credit is the lender of record in our platform," Krizek explained, emphasizing that the company underwrites all loans independently without depending on a banking institution, card network or external fintech partner to provide funding for the credit lines.
According to Krizek, the platform features a 12% annual percentage yield (APY) that accumulates daily on outstanding balances, combined with a flat platform fee structure designed to eliminate transaction-based pricing models that become increasingly costly as transaction volumes expand.
He noted that revolving credit lines are not themselves a novel concept, but the innovation lies in introducing this "familiar financial construct" into an ecosystem where Bitcoin and Lightning facilitate instantaneous and borderless money movement.
We are effectively modernizing the revolving credit model so it operates at internet speed, rather than at the pace of legacy banking and card networks.
From $1 million pilot to institutional Lightning rails
The product launch follows Voltage's recent involvement in facilitating a $1 million Lightning Network transaction between Secure Digital Markets and Kraken on Feb. 5, a pilot initiative that was characterized as the largest publicly disclosed transaction on the network to date.
According to Krizek, that demonstration was designed to evaluate Lightning's capacity for institutional-scale transaction flows and confirmed that the network "is capable of handling massive payment volumes and is ready for institutional-scale use."
Voltage Credit is presently accessible to eligible businesses headquartered in the United States, Krizek noted, explaining that the company currently operates in all US states with the exception of California, Nevada, North Dakota, Vermont and Washington, D.C., under its registration as a commercial lending institution.
Initial adoption momentum, he noted, has originated from cryptocurrency exchanges, Bitcoin mining operations, gaming platforms and payment processing companies seeking to minimize idle working capital, prevent forced BTC liquidation events and create bridges between Bitcoin-denominated revenue streams and US dollar-denominated operational expenses without dependence on volatile off-ramp solutions.
The Lightning Network achieved an all-time capacity peak in December 2025 of 5,606 BTC driven by expanding adoption from major crypto exchanges and functionality improvements. Demand has stalled somewhat since then, falling to 5,121 BTC as of Monday.