12-hour settlement, a 0.2% fee rate goes directly on-chain—this is much more attractive to merchants than traditional channels. The first batch of 10 pilot firms will see who can make it work.

Bitcoin mining company GoMining launches SDK and API for the GoBTC Pay payment protocol, allowing merchants to integrate their Bitcoin payment system for everyday consumption scenarios. GoMining plans to initially recruit 10 merchants to participate in the pilot. GoMining states that GoBTC Pay transactions will be settled directly in Bitcoin, emphasizing non-custodial and on-chain finality. The system is based on GoMining's Stratum V2 mining protocol, with an average settlement time of about 12 hours, and merchant transaction fees of 0.2%, split evenly between wallet service providers and miners. (CoinDesk)